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The following data pertains to Chill Hotel for the year ended December 31, 2020. Room Revenue Net Income Total Assets (January 1, 2020) $81,000
The following data pertains to Chill Hotel for the year ended December 31, 2020. Room Revenue Net Income Total Assets (January 1, 2020) $81,000 $12,150 $261,000 Total Assets (December 31, 2020) $278,000 Calculate Chill Hotel's return on assets for 2020. Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. Return on Assets = %
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Essentials of Accounting for Governmental and Not-for-Profit Organizations
Authors: Paul Copley
12th edition
0078025818, 978-0078025815
