Question
ClearWater Inc. Description Value Revenue $70 million Cost of Goods Sold $40 million Operating Expenses $20 million Interest Expense $5 million Taxes $5 million Total
- ClearWater Inc.
Description | Value |
Revenue | $70 million |
Cost of Goods Sold | $40 million |
Operating Expenses | $20 million |
Interest Expense | $5 million |
Taxes | $5 million |
Total Assets | $80 million |
Total Liabilities | $45 million |
Calculate the net income and return on assets (ROA) for ClearWater Inc.
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
978-0078025587
