Top Posters
Since Sunday
A
6
j
6
c
5
m
5
C
5
d
5
s
5
n
4
i
4
d
4
d
4
J
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
tivo tivo
wrote...
Go to Answer
Posts: 1776
Rep: 1 0
7 years ago
The following is selected data for Inland Industries:

   2012   2011
Sales   $1,158,000   $1,076,000
Net Income   114,000   106,000
Total Current Assets   162,000   147,000
Property, Plant and Equipment   643,000   638,000

The return on assets (rounded to the nearest tenth of a percent) for 2012 was:
A) 14.2.
B) 17.8.
C) 14.3.
D) 17.7.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
Read 107 times
2 Replies
Replies
Answer verified by a subject expert
largerthanlifelargerthanlife
wrote...
#1
Top Poster
Posts: 939
Rep: 33 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

tivo Author
wrote...
#2
7 years ago
I appreciate it once again, answered correctly
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  681 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4451
  
 292
  
 316
Your Opinion
Who's your favorite biologist?
Votes: 587
Previous poll results: Does a gender wage gap exist in America?