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Warren Exploration Company reported these figures for 2024 and 2023: (Click the icon to view the figures.) Compute the rate of return on total
Warren Exploration Company reported these figures for 2024 and 2023: (Click the icon to view the figures.) Compute the rate of return on total assets for 2024. (Round to two decimals.) Select the formula, then enter the amounts to compute the rate of return on total assets for 2024. (Enter the rate of return as a percent rounded to two decimal places, X.XX%.) + + Data table Income Statementpartial: 2024 Interest Expense $ 15,400,000 $ Net Income Balance Sheetpartial: Total Assets 20,600,000 Dec. 31, 2024 322,000,000 $ Print Done = Rate of return on total assets = % 2023 17,300,000 16,700,000 Dec. 31, 2023 314,000,000 -
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