Return on total Assets Question


label Business
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

Timmy Corp's total assets at the end of last year were $415,000,000 and its net income after taxes was $17,750,000. What was its return on total assets?

Mar 8th, 2015

4.28%

( 17750000/415000000)*100

Mar 8th, 2015

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Mar 8th, 2015
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Mar 8th, 2015
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