A company had $5,000,000 in total revenues for its fiscal year. Its expenses for the year were $3,000,000. Its total assets were $10,000,000. What is the company's return on assets for the fiscal year?

A company wants to have $7 million in sales with $2 million in profit. It will have fixed costs of $3 million. Each unit of its product sells for $25. How much contribution per unit must the company have to meet its goals?

Answer rating: 100% (QA)

1 Return on Assets ROA ROA Given Total Revenues 5000000 Expenses 3000000 Total Assets 10000000 textN... View the full answer