2020-21 >> ACT 212-1 (Lec) >> Principles of Accou tion 1 yet wered ced out of 1 ag tion AL AM Water Works had a profit of $300 000 before tax, after deducting $27 000 interest expense. AL AMt's liabilities and equity total $2 725 000. Return on total assets, before finance costs and tax is: Select one: a. 10.4% b. 11.0%. c. 12.0% d. Unable to be calculated from the information provided