Question
RiverFlow Enterprises Description Value Revenue $45 million Cost of Goods Sold $25 million Operating Expenses $15 million Interest Expense $2 million Taxes $2 million Total
- RiverFlow Enterprises
Description | Value |
Revenue | $45 million |
Cost of Goods Sold | $25 million |
Operating Expenses | $15 million |
Interest Expense | $2 million |
Taxes | $2 million |
Total Assets | $50 million |
Total Liabilities | $30 million |
Calculate the net income and return on assets (ROA) for RiverFlow Enterprises.
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Accounting Theory Conceptual Issues in a Political and Economic Environment
Authors: Harry Wolk, James Dodd, John Rozycki
8th edition
1412991692, 978-1412991698
