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Montgomery Corporation's Most Recent Income Statement Appears Below

Question 174

Multiple Choice

Montgomery Corporation's most recent income statement appears below: Montgomery Corporation's most recent income statement appears below: The beginning balance of total assets was $720,000 and the ending balance was $730,000. The return on total assets is closest to: A) 17.4% B) 21.2% C) 24.8% D) 30.3%
The beginning balance of total assets was $720,000 and the ending balance was $730,000. The return on total assets is closest to:


A) 17.4%
B) 21.2%
C) 24.8%
D) 30.3%

Correct Answer:

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