Question: quick help!! am i right on this one? Dawson Electronic Services had revenues of S106,000 and expenses of $63,000 for the year, its assets at

quick help!! am i right on this one?

Dawson Electronic Services had revenues of S106,000 and expenses of $63,000 for the year, its assets at the beginning of the year were $413,000. At the end of the year assets were worth $463,000. Calculate its return on assets. Multiple Choice 98% 10 49 9:39 2573

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Dawson Electronic Services had revenues of $ 8 0 , 0 0 0 and expenses of $ 5 0 , 0 0 0 for the year. Its assets at the beginning of the year were $ 4 0 0 , 0 0 0 . At the end of the year assets were...

See the University of Maine System Annual Financial Report: Statement of Net Position (Balance Sheet) on page 28; and Statement of Revenues, Expenses & Changes in Net Position (Income Statement) on...

Fill out the green part! thank you! Preliminary Financial Data EBIT EPS/EBIT Data Recession $8,842 Company Valuation Amounted Needed Interest Rate Tax Rate Shares Outstanding #New Shares Outstanding...

Mon 4:42 PM Q History Bookmarks Window Help Help Save & Exit Submit r 1 Homework 0 Check my work Required information The following information applies to the questions displayed below) On October 1,...

Answer the following Multiple-Choice Questions by choosing the correct answer among the proposed ones. SHOW ALL YOUR CALCULATIONS. 1. Source documents: A. Include the ledger. B. Are the sources of...

I am having trouble with the 2015 and 2016 statements balancing on the FSAP. Could you take a look at it and tell what is wrong and correct it? Financial Statement Analysis Package (FSAP) A Comment...

(1) Financial Ratios Referencing this week?s readings and lecture, what are the limitations of financial ratios? Classify your answer into at least the following categories: liquidity ratios,...

pls i need help with the samsung wiley Annual Report Project only the other 4 Attachment is a guideline telling you what need to be done.pls see the attached Apple company wiley Annual Report ANNUAL...

See page 129- 137 on attachment for more details there are five steps to the project. Step 1: Create the loan amortization schedule for the property. Step 2: Create the depreciation schedule. Step 3:...

A loudspeaker at the front of a room and an identical loudspeaker at the rear of the room are being driven by the same oscillator at 456 Hz. A student walks at a uniform rate of 1.50 m/s along the...

6. economists place an emphasis on A. Phillips; short B. Keynesian; long C. Neoclassical; long D. Says; short 7. Which of the following represents a Keynesian point of view of macroeconomics? A....

A check presented _ _ _ _ _ _ _ _ _ _ blank after its date is known as a stale check. Multiple Choice more than six months less than six months more than three months more than a year

If the following join statement is used to join two tables in a query, which of the following tables would all of the tuples in the relation appear in results? left join university.students on...