The Kingwood Company reported net income of $200,000 and average total assets of $2,025,000. Calculate the company’s return on assets. (Round to one decimal.) Answer%
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The Kingwood Company reported net income of $200,000 and average total assets of $2,025,000.
Calculate the company’s return on assets. (Round to one decimal.) Answer%
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- Return on assets The following data (in millions) were adapted from recent financial statements of Tootsie Roll Industries Inc. (TR): The percent a company adds to its cost of sales to determine selling price is called a markup. What is Tootsie Roll’s markup percent? Round to one decimal place.Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $625,110 Interest expense 110,310 Average total assets 6,180,000 Determine the return on total assets. If required, round the answer to one decimal place.fill in the blank 1 %A company reports the following income statement and balance sheet information for the current year: Net income $132,370 Interest expense 11,510 Average total assets 2,180,000 Determine the return on total assets. Round the percentage to one decimal place.fill in the blank %
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