ABC company has the following account balances in 2020: (Amounts are in OMR) Sales 51927 Other current
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Question:
ABC company has the following account balances in 2020:
(Amounts are in OMR)
Sales | 51927 | Other current Assets | 34379 |
Cost of sale /COGS | 29900 | Fixed Assets | 439598 |
Net profit/income | 22634 | Net worth | 150275 |
Inventory | 9349 | Debt | 59648 |
Current liabilities | 26423 | Other assets | 2279 |
Sales Return | 4954 | Discount on sales | 5333 |
Calculate Return on Total Assets ratio.
Select one:
a. 5.0161
b. 49.1969
c. 4.6610
d. 4.6830
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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