Question: Use the financial data below to answer the following question : What was the return on investment (ROI) and return on assets (ROA) for the
Use the financial data below to answer the following question :" What was the return on investment (ROI) and return on assets (ROA) for the year?"
Investment Assets at year end: $170K
Investment Assets at beginning of year: $125K
Savings: $25K
Employer Match to 401 (K): $4.8K
Gross Income: $120K
Total Assets at Year End: $650K
Total Assets at Beginning of Year: $610K
Total Liabilities at Year End: $235K
Total Liabilities at Beginning of Year: $240K
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