Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. multimediadat, inc., reported sales revenue of $37

MultimediaDat, Inc., reported sales revenue of $375,000, net income of $22,500, and average total assets...

90.2K

Verified Solution

Question

Accounting

image MultimediaDat, Inc., reported sales revenue of $375,000, net income of $22,500, and average total assets of $300,000. MultimediaDat's return on assets is A. 7.5% B. 1.25% C. 6.0% D. 80.0%

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

describe how pressure switches are connected to start and stop a small motor and a large...

Electrical Engineering
Q

a packing plant fills bags with cement. the weight X kg of a bag can be...

Basic Math
Q

One challenge with experimenting on plants to study energy dynamics in a terrestrial ecosystem is...

Biology
Q

The molecule shown below contains Indigo Instruments one pentose one hexose two amino acids two...

Biology
Q

16 Solve the equation below 1 4 k 1 2 2k k k 2

Algebra
Q

The graph depicts the growth in costs using a line segment Use the midpoint formula...

Algebra
Q

Direct labor cont budper: Frovo Rackek Company manufactures two types of...

Accounting
Q

A company has the following purchases and sales during October. Using the FIFO...

Accounting
Q

assuming that you are the municipal manager of XYZ local municipality , how will you...

Accounting
Q

Jagger Company accounts for its 42% investment in Richards Company using the equity method of...

Accounting
Q

Builder Products, Incorporated, uses the weighted-average method of process costing. It manufactures a caulking compound...

Accounting
Q

Describe the Modigliani and Miller (1961) irrelevance result with respect to the firms payout policy...

Finance