Phuti7156 Phuti7156
  • 13-01-2021
  • Business
contestada

g Rushing had net income of $240 million and average total assets of $2,000 million. Its return on assets (ROA) is:

Respuesta :

ewomazinoade ewomazinoade
  • 15-01-2021

Answer:

0.12

12%

Explanation:

Return on Asset = Net income / average total asset

$240 million / $2000  million = 0.12 =12%

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