Assume Global Cleaning Service had net income of $570 for the year. Global Cleaning Services beginning and
Question:
Assume Global Cleaning Service had net income of $570 for the year. Global Cleaning Service’s beginning and ending total assets were $4,520 and $4,180, respectively.
Calculate Global Cleaning Service’s return on assets for the year.
a.12.6%
b.13.6%
c.13.1%
d.7.63%
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Return on Assets ROA is a financial ratio that indicates the profitability of a business in r...View the full answer
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