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  3. in 2014, amber, inc, reported $700 million in sale

In 2014, Amber, Inc, reported $700 million in sales, $33 million in net income, and...

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Question

Accounting

In 2014, Amber, Inc, reported $700 million in sales, $33 million in net income, and average total assets of $300 million. What is Amber, return on assets in 2014 ?

Begin by identifying the formular to caculate return on assets.

Average Total Assets

or

Net Income

or Sales / / = Return on Assets (ROA)

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