McMinn Repair Service had net income for the year of $120,000. In addition, the balan Jan....

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McMinn Repair Service had net income for the year of $120,000. In addition, the balan Jan. 1, 2024 Accounts Receivable Accounts Payable Building Cash Office Furniture Office Supplies Notes Payable Total Equity Dec. 31, 2024 $5,300 $13,900 12,100 9,100 128,000 128,000 36,900 34.900 25,900 54,000 3,400 2,000 65,000 81,000 122,400 142,700 Calculate the return on assets (ROA) for McMinn Repair Service for the year ending D Return on assets for the year ending December 31, 2024 is %. McMinn Repair Service had net income for the year of $120,000. In addition, the balan Jan. 1, 2024 Accounts Receivable Accounts Payable Building Cash Office Furniture Office Supplies Notes Payable Total Equity Dec. 31, 2024 $5,300 $13,900 12,100 9,100 128,000 128,000 36,900 34.900 25,900 54,000 3,400 2,000 65,000 81,000 122,400 142,700 Calculate the return on assets (ROA) for McMinn Repair Service for the year ending D Return on assets for the year ending December 31, 2024 is %.