Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company had net income of $2,660,000, net sales

A company had net income of $2,660,000, net sales of $25,000,000, and average total assets...

50.1K

Verified Solution

Question

Accounting

A company had net income of $2,660,000, net sales of $25,000,000, and average total assets of $8,000,000. What is their return on total assets?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

17 Electronic configuration of an atom 1s 2s 2p6 3s 3p6 3d5 4s 1s 6...

Physics
Q

The success of any Public Policy hinges importantly on how we understand “Public” and the criteria...

Operations Management
Q

In your opinion: What are the pros and cons of having sex casually and what are...

Psychology
Q

The work done by the gas is the smallest for cycle 4 V O 1...

Physics
Q

Consider the function 0 f x f x f x 1 0 x 2 x...

Basic Math
Q

After a 70% reduction, you purchase a new clothes dryer on sale for $150. What...

Basic Math
Q

7 6 16 9 9 9 p 7 7 2 2 7p 11 5v 3...

Algebra
Q

Erin is writing about the history of sonnets Which is a fact Erin can include...

Algebra
Q

A substantial portion of inventory owned by Prentiss Sporting...

Accounting
Q

need help, plese show work 2. Gain or Loss on Sale of PPE...

Accounting
Q

HIT 4. Develop a Project Charter for how you would plan for implementing telemedicine in...

Accounting
Q

Family Fun Time, Inc. makes board games. The following data pertains to the last six...

Accounting