Exploration Company reported these figures for 2024 and 2023: Click the icon to view the figures.)...
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Exploration Company reported these figures for 2024 and 2023: Click the icon to view the figures.) Data table Income Statement-partial: Interest Expense Net Income Balance Sheet-partial: Total Assets Print 2024 $ 12,800,000 $ 14,600,000 Dec. 31, 2024 $314,000,000 $ Done 2023 16,700,000 19,600,000 Dec. 31, 2023- 250,000,000 X Doric 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.) OXES 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 te decimal places, X.XX%) + Rate of return on total assets Exploration Company reported these figures for 2024 and 2023: Click the icon to view the figures.) Data table Income Statement-partial: Interest Expense Net Income Balance Sheet-partial: Total Assets Print 2024 $ 12,800,000 $ 14,600,000 Dec. 31, 2024 $314,000,000 $ Done 2023 16,700,000 19,600,000 Dec. 31, 2023- 250,000,000 X Doric 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.) OXES 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 te decimal places, X.XX%) + Rate of return on total assets
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ANSWER The rate of return on total assets can be calculated using the following formul... View the full answer
Related Book For
Horngrens Accounting The Financial Chapters
ISBN: 9780136162186
13th Edition
Authors: Tracie Miller Nobles, Brenda Mattison
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