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Ratios: Return on Assets (ROA)
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Ratios: Return on Assets (ROA)
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14. Financial Statement Analysis / Ratios: Return on Assets (ROA) / Problem 3
Problem 3
Calculate the ROA for a company with a net income of \$50,000 and total assets at the beginning of the year of \$300,000 and at the end of the year of \$400,000.
A
12.5%
B
10%
C
16.67%
D
14.29%
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