What the company''s return on total assets for the year was


Braverman Company's net income last year was $75,000 and its interest expense was $10,000. Total assets at the beginning of the year were $650,000 and total assets at the end of the year were $610,000. The company's income tax rate was 30%. what the company's return on total assets for the year was closest to ?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What the company''s return on total assets for the year was
Reference No:- TGS087119

Expected delivery within 24 Hours