Multiple Choice
Marino Company has provided the following information: Net sales, $480,000
Net income, $24,000
Average total assets, $200,000
What is Marino's return on assets ratio?
A) 240%
B) 12%
C) 5%
D) 42%
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q62: Which of the following statements is true?<br>A)
Q64: Huron has provided the following year-end balances:
Q65: Which of the following is not true
Q66: The following income statement was reported
Q68: Panmar Inc. is preparing a statement of
Q69: The Nellie Company has provided the following
Q71: Which of the following would not be
Q72: Which of the following statements correctly describe
Q83: The primary responsibility for the information in
Q93: The summary of significant accounting policies is