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...

80.2K

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

Other questions asked by students

Q

For the following MIPS instructions, (1) show its format or type (I-format, R- format, or J-...

Programming
Q

Matching Match the term in Column I with the definition in Column II. Column I Column II 1. _____________...

Medical Sciences
Q

A vacant city lot is being turned into a neighborhood garden. The neighbors want to...

Basic Math
Q

The radius r of a circle is increasing at a rate of 8 centimeters per...

Basic Math
Q

Solve. ?x+7=4 Do not include x = in your answer. If there is no solution,...

Algebra
Q

QUESTION 1 The function f x x 3 0000 is a power function is not...

Algebra
Q

TUNA nous asado comandopunu mou pour sa buong Popular to 000...

Accounting
Q

These financial statement items are for Martinez Company at year-end, July 31, 2022. Martinez Company...

Accounting
Q

der purchased a Dump Truck for $150 On July 1st 2015 The First Or The...

Accounting
Q

Question1 The bookkeeper for Bramble Company has prepared the following balance sheet as of July...

Accounting
Q

Entrea for zolacted corporate tranaaction: Common Stock, $10 stated value (300,000 shares authorized, 200,000...

Accounting
Q

The cost of goods sold in Priyank retail store totaled $520,000. Fixed selling and administrative...

Accounting