Question
Struggling with what goes into the ROA formula in this question Monty Company Ltd had $68,000 of profit and incurred $9,500 in net finance costs
Struggling with what goes into the ROA formula in this question
Monty Company Ltd had $68,000 of profit and incurred $9,500 in net finance costs during the recently completed period. Montys liabilities and owners equity total of $985,000. Assuming a 30 percent tax rate, calculate the return on assets.
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Audit Society Rituals Of Verification
Authors: Michael POWER
1st Edition
0198296037, 978-0198296034
