Multiple Choice
Assume MetAmbit Inc. had net income of $2,500 for the year ending December, 2014. Its beginning and ending total assets were $35,500 and $20,500, respectively. Calculate MetAmbit's return on assets (ROA) . (Round your percentage answer to two decimal places.)
A) 12.57%
B) 5.85%
C) 8.93%
D) 9.50%
Correct Answer:
Verified
Correct Answer:
Verified
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