Question
Return on Assets (ROA) Calculation: Calculate the return on assets (ROA) for STU Corporation using the following information: Item Amount ($) Net Income 150,000 Total
ยทReturn on Assets (ROA) Calculation:
Calculate the return on assets (ROA) for STU Corporation using the following information:
Item | Amount ($) |
Net Income | 150,000 |
Total Assets | 1,000,000 |
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 1
1119048532, 978-1119048534
