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    Fundamentals Of Corporate Finance Study Set 21
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    Exam 3: Working With Financial Statements
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    Calculate the Return on Assets Given the Following Information: Common
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Calculate the Return on Assets Given the Following Information: Common

Question 212

Question 212

Multiple Choice

Calculate the return on assets given the following information: common shares outstanding = 250,000; earning per share = $2.00; total assets = $2,000,000; total equity = $800,000.


A) 21%
B) 22%
C) 23%
D) 24%
E) 25%

Correct Answer:

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