Multiple Choice
A company had net income of $2,785,000,net sales of $250,000,000,average total assets of $6,000,000,and equity investments of $40,000.Its return on total assets equals:
A) $3,215,000
B) 41.67%
C) 21.54%
D) 69.63%
E) 46.42%
Correct Answer:
Verified
Correct Answer:
Verified
Q3: Held-to-maturity securities are equity securities a company
Q53: The currency in which a company presents
Q68: Trading securities are securities that are purchased
Q108: Foreign exchange rates fluctuate due to many
Q170: An investor with significant influence owns as
Q172: On June 15,2014,Bellows Corp.acquired 100 shares of
Q173: What are the accounting basics for equity
Q174: An increase in the price of the
Q176: The following information is available from the
Q177: The following information is available from the