Question
Metro Services, Inc. reported the following information for the year 2019. Based on the following information, calculate the rate of return on total assets for
Metro Services, Inc. reported the following information for the year 2019. Based on the following information, calculate the rate of return on total assets for Metro Services, Inc. Total Assets, December 31, 2019 Total Assets, December 31, 2018 For Year Ended December 31, 2019: Interest Expense Net Income AED 599,000 AED 505,000 AED 27,900 AED 67,100 (Round the percentage to two decimal places and don't use special symbol such as $, % or comma; For example, for 20.51%, just enter 20.51) Rate of Return on Total assets Interest Expense + Net Income/Average Assets
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