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A company has net income of $50,000 and total assets of $500,000. What is the ROA?

A company has net income of $50,000 and total assets of $500,000. What is the ROA?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A company has net income of $50,000 and total assets of $500,000. What is the ROA?
Transcribed Image Text:A company has net income of $50,000 and total assets of $500,000. What is the ROA?
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