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Calculate the Return on assets in percentage CURRENT ASSETS Cash Account receivable Inventory FIXED ASSETS Building & equipment BALANCE SHEET

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Calculate the Return on assets in percentage


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CURRENT ASSETS Cash Account receivable Inventory FIXED ASSETS Building & equipment BALANCE SHEET Interest Corporate tax $5195 $4706 $6919 $36995 CURRENT LIABILITIES Account payable Others Total long-term debt You have the following information from the Income Statement Sales $42828 Cost of goods sold $19646 R&D expenses $1606 $1274 $1364 $9960 $2717 $21628

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To calculate the Return on Assets ROA in percentage you can use the following formula ROA Net Income View the full answer


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Financial Reporting Financial Statement Analysis and Valuation

Financial Reporting Financial Statement Analysis and Valuation

ISBN: 978-0324302950

6th edition

Authors: Clyde P. Stickney

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Posted Date: September 16, 2023 21:04:04
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