Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

what is the ROA (return to assets)? sales 800,000 equity 500,000 profit margin 10.00% debt-equity ratio 0.40

what is the ROA (return to assets)?

sales 800,000
equity 500,000
profit margin 10.00%
debt-equity ratio 0.40

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Only Ethereum Investing Book You Ll Ever Need

Authors: Freeman Publications

1st Edition

1915404045, 978-1915404046

More Books

Students also viewed these Finance questions