Multiple Choice
Assume Metro Company had a net income of $2,100 for the year ending December 2018.Its beginning and ending total assets were $33,500 and $19,500,respectively.Calculate Metro's return on assets (ROA) .(Round your percentage answer to two decimal places.)
A) 6.27%
B) 10.77%
C) 7.92%
D) 3.96%
Correct Answer:
Verified
Correct Answer:
Verified
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