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anonymous

  • one year ago

Look at the following summary of ABC Inc.’s accounts on December 31, 2012. current liabilities: $25,000 total assets: $3,00,000 investments: $75,000 total liabilities: $80,000 net income (after tax): $100,000 current assets: $55,000 inventory: $5,000. Calculate the return on assets. A: 1 : 3 B: 3 : 2 C: 3 : 1 D: 1 : 2 E: 2 : 1

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  1. anonymous
    • one year ago
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    @mathmath333

  2. anonymous
    • one year ago
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    @mathmate

  3. mathmate
    • one year ago
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    An indicator of how profitable a company is relative to its total assets. ROA gives an idea as to how efficient management is at using its assets to generate earnings. Calculated by dividing a company's annual earnings by its total assets, ROA is displayed as a percentage. Sometimes this is referred to as "return on investment". ( http://www.investopedia.com/terms/r/returnonassets.asp) Is the total assets $3,000,000 or $300,000 ?

  4. anonymous
    • one year ago
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    it 3,00,000

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