Question

Select the correct answer.

The following is an extract of the balances of a company. What is the company’s return-on-assets percentage?

Items Amount ($)
Revenue 50,000
Expenses 10,000
Tax paid 10,000
Fixed assets 80,000
Current assets 20,000
A.
25 percent
B.
30 percent
C.
35 percent
D.
40 percent

Answer 1

Answer: B.30

Hope this helps :)

Answer 2

I believe the answer is B. 30 percent

good luck, i hope this helps :)