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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%
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