Question: Can you solve this financial accounting problem using appropriate financial principles? Oakwood Supplies Inc. reports total assets of $900,000 at the beginning of the year

Can you solve this financial accounting problem using appropriate financial principles?

Oakwood Supplies Inc. reports total assets of $900,000 at the beginning of the year and $1,200,000 at the end of the year. The net income for the year is $150,000. What is Oakwood Supplies Inc.'s return on assets (ROA)

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