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Given the following assumptions: Total Assets = 1,300,000; Equity = 650,000; Net Income = 50,000; calculate the Return on Equity (ROE) and Return on Assets

Given the following assumptions: Total Assets = 1,300,000; Equity = 650,000; Net Income = 50,000; calculate the Return on Equity (ROE) and Return on Assets (ROA).

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ROE = 7.70; ROA = 3.85

ROE = 8.20; ROA = 2.73

ROE = 3,85; ROA = 7.70

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