Multiple Choice
Big K Grocer's financial statements show average shareholders' equity of $5,103 million, net income of $700 million, and average total assets of $23,175 million.
How much is Big K Grocer's return on assets for the year?
A) 21.42%
B) 3.02%
C) 21.24%
D) 4.77%
E) There is not enough information to calculate the ratio.
Correct Answer:
Verified
Correct Answer:
Verified
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