Cage Company had net income of $412 million and average total assets of $2,160 million. Its return on assets (ROA) is: Multiple Choice

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 3PB: The income statement comparison for Rush Delivery Company shows the income statement for the current...
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Cage Company had net income of $412 million and average total assets of $2,160 million. Its return on assets (ROA) is:
Multiple Choice
Transcribed Image Text:Cage Company had net income of $412 million and average total assets of $2,160 million. Its return on assets (ROA) is: Multiple Choice
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