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Based on the partial balance sheet of Marco Investments, Inc., compute the rate of return on total assets. (Round your answer to two decimal places.)
Based on the partial balance sheet of Marco Investments, Inc., compute the rate of return on total assets. (Round your answer to two decimal places.)
| Total Assets, December 31, 2017 | $ 197,000 |
| Total Assets, December 31, 2016 | $ 143,000 |
|
For Year Ended December 31, 2017: | |
| Interest Expense | $ 10,000 |
| Net Income | $ 18,000 |
A.16.47%
B.9.14%
C.4.71%
D.8.24%
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