Net income available to stockholders is $150 and total assets are $2,100 then return on total assets would be_________?

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Academy of PakistanTest & Learning

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138FinanceMedium

A7.14%

B0.05 times

C0.07%

D7.15 times

Correct answer

A. 7.14%

Explanation

7.14% is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

Net income available to stockholders is $150 and total assets are $2,100 then return on total assets would be_________? - Answer and Explanation | Academy of Pakistan