Multiple Choice
Dils Brothers' 2019 financial statements show average shareholders' equity of $20,412 million, net income of $5,040 million, and average total assets of $86,700 million.
How much is Dils Brothers' return on assets for the year?
A) 11.42%
B) 5.81%
C) 24.69%
D) 4.77%
Correct Answer:
Verified
Correct Answer:
Verified
Q17: Twin Lakes Company has the following
Q18: One benefit of using ratio analysis to
Q19: Which of the following is one measure
Q20: The partial balance sheets and income statements
Q21: Which one of the following ratios does
Q23: One key measure of profitability is the
Q24: Changing from straight-line depreciation to double declining-balance
Q25: Revenues from discontinued operations of a company
Q26: A debt-to-equity ratio of greater than 1.0
Q27: Information about a segment of the business