Canberry corporation had net income of 116000 beginning


Question - Canberry Corporation had net income of $116,000, beginning total assets of $856,000 and ending total assets of $760,000. Calculate its return on total assets?

738%

15.3%

655%

14.4%

13.6%

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Canberry corporation had net income of 116000 beginning
Reference No:- TGS02928438

Now Priced at $20 (50% Discount)

Recommended (96%)

Rated (4.8/5)