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If a company has long-term assets of $3,800,000 , total assets of $4,100,000 , sales of $5,800,000 , cost of goods sold of $4,300,000 ,

If a company has long-term assets of

$3,800,000

, total assets of

$4,100,000

, sales of

$5,800,000

, cost of goods sold of

$4,300,000

, and net income of

$460,000

, the return on assets ratio is\

10.7%

\

12.1%

\

7.9%

\

11.2%
image text in transcribed

If a company has long-term assets of $3,800,000, total assets of $4,100,000, sales of $5,800,000, cost of goods sold of $4,300,000, and net income of $460,000, the return on assets ratio is O 10.7% O 12.1% O 7.9% O 11.2%

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