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Home Q & A Board Other Fields Homework Help Business Accounting
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ʎddɐɥ ʎddɐɥ
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7 years ago
The following information is provided for Candy, Inc.:
   Income from operations   $ 98,600
   Income taxes   37,700
   Interest expense   2,000
   Net sales   1,264,000
   Stockholders' equity   242,500
   Total assets    456,000
What is the return on assets?
A) 21.62%
B) 13.36%
C) 12.92%
D) 21.18%
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mourningbirdmourningbird
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7 years ago
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