Question
SunsetCorp Description Value Revenue $95 million Cost of Goods Sold $55 million Operating Expenses $25 million Interest Expense $6 million Taxes $7 million Total Assets
- SunsetCorp
Description | Value |
Revenue | $95 million |
Cost of Goods Sold | $55 million |
Operating Expenses | $25 million |
Interest Expense | $6 million |
Taxes | $7 million |
Total Assets | $100 million |
Total Liabilities | $60 million |
Calculate the net income and return on assets (ROA) for SunsetCorp.
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
