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Use the following selected information from PDG Corporation to determine the return on assets for the year. Beginning total assets $300,000 Ending total assets $350,000
Use the following selected information from PDG Corporation to determine the return on assets for the year.
Beginning total assets | $300,000 |
Ending total assets | $350,000 |
Sales revenue | $900,000 |
Total operating expenses | $800,000 |
Interest | $15,000 |
Net income | $85,000 |
276.92%
30.77%
26.15%
15%
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