Question
Data provided Sunland Co. and Marigold Corp. (in millions) Sunland Company Marigold Corp. Net income 2017 $135 $445 Net sales 2017 1595 4710 Total assets
Data provided Sunland Co. and Marigold Corp.
(in millions) Sunland Company Marigold Corp.
Net income 2017 $135 $445
Net sales 2017 1595 4710
Total assets 12/31/15 1025 2110
Total assets 12/31/16 1200 3120
Total assets 12/31/17 1155 4090
What is Marigolds return on assets (rounded) for 2017?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started