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Using the following data for Stevenson Industries, compute the return on assets. Net income Total Assets 12/31/17 2,410,000 Total Assets 12/31/16 1,980,000 Net Sales $180,000
Using the following data for Stevenson Industries, compute the return on assets. Net income Total Assets 12/31/17 2,410,000 Total Assets 12/31/16 1,980,000 Net Sales $180,000 250,000 0 1) 7.5% ( 2) 10.4% 3) 8.2% 4) 11.4%
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