SlideShare a Scribd company logo
1 of 2
Download to read offline
Help Save & Exit Exercise 1-14 Analysis of return on assets LO A2 Swiss Grou 2017, assets
had grown to $198,000. p reports net income of $40,000 for 2017. At the beginning of 2017,
Swiss Group had $148.000 in assets. By the end of What is Swiss Group's 2017 return on
assets?
Solution
Choose Numerator:
/
Choose Denominator:
=
Return on Assets
Net Income
/
Average Total Assets
=
Return on Assets
$40000
/
148000+198000
2
= 173000
=
23.12%
Choose Numerator:
/
Choose Denominator:
=
Return on Assets
Net Income
/
Average Total Assets
=
Return on Assets
$40000
/
148000+198000
2
= 173000
=
23.12%

More Related Content

More from aratextails30

Which of the following is true about asymmetric reflexive association.pdf
Which of the following is true about asymmetric reflexive association.pdfWhich of the following is true about asymmetric reflexive association.pdf
Which of the following is true about asymmetric reflexive association.pdfaratextails30
 
What is your stance on vaccination Do you believe that vaccination .pdf
What is your stance on vaccination Do you believe that vaccination .pdfWhat is your stance on vaccination Do you believe that vaccination .pdf
What is your stance on vaccination Do you believe that vaccination .pdfaratextails30
 
What kind of micro organisms should be present in a dark plant in.pdf
What kind of micro organisms should be present in a dark plant in.pdfWhat kind of micro organisms should be present in a dark plant in.pdf
What kind of micro organisms should be present in a dark plant in.pdfaratextails30
 
What is a cell What is a cellSolutionCell is a biological.pdf
What is a cell What is a cellSolutionCell is a biological.pdfWhat is a cell What is a cellSolutionCell is a biological.pdf
What is a cell What is a cellSolutionCell is a biological.pdfaratextails30
 
What are constructs in relationship to health behavior theory 1. Co.pdf
What are constructs in relationship to health behavior theory 1. Co.pdfWhat are constructs in relationship to health behavior theory 1. Co.pdf
What are constructs in relationship to health behavior theory 1. Co.pdfaratextails30
 
What are vitaminsSolutionVitaminsVitamins are organic nitr.pdf
What are vitaminsSolutionVitaminsVitamins are organic nitr.pdfWhat are vitaminsSolutionVitaminsVitamins are organic nitr.pdf
What are vitaminsSolutionVitaminsVitamins are organic nitr.pdfaratextails30
 
Using Method of Substitution, solve the following recurrence relation.pdf
Using Method of Substitution, solve the following recurrence relation.pdfUsing Method of Substitution, solve the following recurrence relation.pdf
Using Method of Substitution, solve the following recurrence relation.pdfaratextails30
 
Use Theorem 14.1 to show that for all odd n= 3 we have D2n is isomo.pdf
Use Theorem 14.1 to show that for all odd n= 3 we have D2n is isomo.pdfUse Theorem 14.1 to show that for all odd n= 3 we have D2n is isomo.pdf
Use Theorem 14.1 to show that for all odd n= 3 we have D2n is isomo.pdfaratextails30
 
The Zygomycota produce... (mark all that apply) septate hyphae with .pdf
The Zygomycota produce... (mark all that apply)  septate hyphae with .pdfThe Zygomycota produce... (mark all that apply)  septate hyphae with .pdf
The Zygomycota produce... (mark all that apply) septate hyphae with .pdfaratextails30
 
The probability that individual VI-1 would have this disease isa..pdf
The probability that individual VI-1 would have this disease isa..pdfThe probability that individual VI-1 would have this disease isa..pdf
The probability that individual VI-1 would have this disease isa..pdfaratextails30
 
Elizabeth Mjelde, an art history professor, was interested in whethe.pdf
Elizabeth Mjelde, an art history professor, was interested in whethe.pdfElizabeth Mjelde, an art history professor, was interested in whethe.pdf
Elizabeth Mjelde, an art history professor, was interested in whethe.pdfaratextails30
 
Discrete Math How many ways are there for a man to distribute 12 in.pdf
Discrete Math How many ways are there for a man to distribute 12 in.pdfDiscrete Math How many ways are there for a man to distribute 12 in.pdf
Discrete Math How many ways are there for a man to distribute 12 in.pdfaratextails30
 
Refer to the drawing in Figure 13.2 of a single pair of homologous ch.pdf
Refer to the drawing in Figure 13.2 of a single pair of homologous ch.pdfRefer to the drawing in Figure 13.2 of a single pair of homologous ch.pdf
Refer to the drawing in Figure 13.2 of a single pair of homologous ch.pdfaratextails30
 
Organisms that survive in varied temperatures adapt to changes by usi.pdf
Organisms that survive in varied temperatures adapt to changes by usi.pdfOrganisms that survive in varied temperatures adapt to changes by usi.pdf
Organisms that survive in varied temperatures adapt to changes by usi.pdfaratextails30
 
Describe the basic properties of DNA that are responsible for fiber f.pdf
Describe the basic properties of DNA that are responsible for fiber f.pdfDescribe the basic properties of DNA that are responsible for fiber f.pdf
Describe the basic properties of DNA that are responsible for fiber f.pdfaratextails30
 
John, Rick, and Molli paint a room together.A. Pick a reasonable a.pdf
John, Rick, and Molli paint a room together.A. Pick a reasonable a.pdfJohn, Rick, and Molli paint a room together.A. Pick a reasonable a.pdf
John, Rick, and Molli paint a room together.A. Pick a reasonable a.pdfaratextails30
 
INCENTIVE TO OVERPRODUCE INVENTORYThe absorption of fixe.pdf
INCENTIVE TO OVERPRODUCE INVENTORYThe absorption of fixe.pdfINCENTIVE TO OVERPRODUCE INVENTORYThe absorption of fixe.pdf
INCENTIVE TO OVERPRODUCE INVENTORYThe absorption of fixe.pdfaratextails30
 
1. Please explain the reaction mechanism and kinetics for the treatme.pdf
1. Please explain the reaction mechanism and kinetics for the treatme.pdf1. Please explain the reaction mechanism and kinetics for the treatme.pdf
1. Please explain the reaction mechanism and kinetics for the treatme.pdfaratextails30
 
IN C++ languageWrite a simple word processor that will accept text.pdf
IN C++ languageWrite a simple word processor that will accept text.pdfIN C++ languageWrite a simple word processor that will accept text.pdf
IN C++ languageWrite a simple word processor that will accept text.pdfaratextails30
 
How do animals, plants, and fungi vary in terms of where in the life.pdf
How do animals, plants, and fungi vary in terms of where in the life.pdfHow do animals, plants, and fungi vary in terms of where in the life.pdf
How do animals, plants, and fungi vary in terms of where in the life.pdfaratextails30
 

More from aratextails30 (20)

Which of the following is true about asymmetric reflexive association.pdf
Which of the following is true about asymmetric reflexive association.pdfWhich of the following is true about asymmetric reflexive association.pdf
Which of the following is true about asymmetric reflexive association.pdf
 
What is your stance on vaccination Do you believe that vaccination .pdf
What is your stance on vaccination Do you believe that vaccination .pdfWhat is your stance on vaccination Do you believe that vaccination .pdf
What is your stance on vaccination Do you believe that vaccination .pdf
 
What kind of micro organisms should be present in a dark plant in.pdf
What kind of micro organisms should be present in a dark plant in.pdfWhat kind of micro organisms should be present in a dark plant in.pdf
What kind of micro organisms should be present in a dark plant in.pdf
 
What is a cell What is a cellSolutionCell is a biological.pdf
What is a cell What is a cellSolutionCell is a biological.pdfWhat is a cell What is a cellSolutionCell is a biological.pdf
What is a cell What is a cellSolutionCell is a biological.pdf
 
What are constructs in relationship to health behavior theory 1. Co.pdf
What are constructs in relationship to health behavior theory 1. Co.pdfWhat are constructs in relationship to health behavior theory 1. Co.pdf
What are constructs in relationship to health behavior theory 1. Co.pdf
 
What are vitaminsSolutionVitaminsVitamins are organic nitr.pdf
What are vitaminsSolutionVitaminsVitamins are organic nitr.pdfWhat are vitaminsSolutionVitaminsVitamins are organic nitr.pdf
What are vitaminsSolutionVitaminsVitamins are organic nitr.pdf
 
Using Method of Substitution, solve the following recurrence relation.pdf
Using Method of Substitution, solve the following recurrence relation.pdfUsing Method of Substitution, solve the following recurrence relation.pdf
Using Method of Substitution, solve the following recurrence relation.pdf
 
Use Theorem 14.1 to show that for all odd n= 3 we have D2n is isomo.pdf
Use Theorem 14.1 to show that for all odd n= 3 we have D2n is isomo.pdfUse Theorem 14.1 to show that for all odd n= 3 we have D2n is isomo.pdf
Use Theorem 14.1 to show that for all odd n= 3 we have D2n is isomo.pdf
 
The Zygomycota produce... (mark all that apply) septate hyphae with .pdf
The Zygomycota produce... (mark all that apply)  septate hyphae with .pdfThe Zygomycota produce... (mark all that apply)  septate hyphae with .pdf
The Zygomycota produce... (mark all that apply) septate hyphae with .pdf
 
The probability that individual VI-1 would have this disease isa..pdf
The probability that individual VI-1 would have this disease isa..pdfThe probability that individual VI-1 would have this disease isa..pdf
The probability that individual VI-1 would have this disease isa..pdf
 
Elizabeth Mjelde, an art history professor, was interested in whethe.pdf
Elizabeth Mjelde, an art history professor, was interested in whethe.pdfElizabeth Mjelde, an art history professor, was interested in whethe.pdf
Elizabeth Mjelde, an art history professor, was interested in whethe.pdf
 
Discrete Math How many ways are there for a man to distribute 12 in.pdf
Discrete Math How many ways are there for a man to distribute 12 in.pdfDiscrete Math How many ways are there for a man to distribute 12 in.pdf
Discrete Math How many ways are there for a man to distribute 12 in.pdf
 
Refer to the drawing in Figure 13.2 of a single pair of homologous ch.pdf
Refer to the drawing in Figure 13.2 of a single pair of homologous ch.pdfRefer to the drawing in Figure 13.2 of a single pair of homologous ch.pdf
Refer to the drawing in Figure 13.2 of a single pair of homologous ch.pdf
 
Organisms that survive in varied temperatures adapt to changes by usi.pdf
Organisms that survive in varied temperatures adapt to changes by usi.pdfOrganisms that survive in varied temperatures adapt to changes by usi.pdf
Organisms that survive in varied temperatures adapt to changes by usi.pdf
 
Describe the basic properties of DNA that are responsible for fiber f.pdf
Describe the basic properties of DNA that are responsible for fiber f.pdfDescribe the basic properties of DNA that are responsible for fiber f.pdf
Describe the basic properties of DNA that are responsible for fiber f.pdf
 
John, Rick, and Molli paint a room together.A. Pick a reasonable a.pdf
John, Rick, and Molli paint a room together.A. Pick a reasonable a.pdfJohn, Rick, and Molli paint a room together.A. Pick a reasonable a.pdf
John, Rick, and Molli paint a room together.A. Pick a reasonable a.pdf
 
INCENTIVE TO OVERPRODUCE INVENTORYThe absorption of fixe.pdf
INCENTIVE TO OVERPRODUCE INVENTORYThe absorption of fixe.pdfINCENTIVE TO OVERPRODUCE INVENTORYThe absorption of fixe.pdf
INCENTIVE TO OVERPRODUCE INVENTORYThe absorption of fixe.pdf
 
1. Please explain the reaction mechanism and kinetics for the treatme.pdf
1. Please explain the reaction mechanism and kinetics for the treatme.pdf1. Please explain the reaction mechanism and kinetics for the treatme.pdf
1. Please explain the reaction mechanism and kinetics for the treatme.pdf
 
IN C++ languageWrite a simple word processor that will accept text.pdf
IN C++ languageWrite a simple word processor that will accept text.pdfIN C++ languageWrite a simple word processor that will accept text.pdf
IN C++ languageWrite a simple word processor that will accept text.pdf
 
How do animals, plants, and fungi vary in terms of where in the life.pdf
How do animals, plants, and fungi vary in terms of where in the life.pdfHow do animals, plants, and fungi vary in terms of where in the life.pdf
How do animals, plants, and fungi vary in terms of where in the life.pdf
 

Recently uploaded

Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...Association for Project Management
 
PROCESS RECORDING FORMAT.docx
PROCESS      RECORDING        FORMAT.docxPROCESS      RECORDING        FORMAT.docx
PROCESS RECORDING FORMAT.docxPoojaSen20
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.MaryamAhmad92
 
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptxSKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptxAmanpreet Kaur
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introductionMaksud Ahmed
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and ModificationsMJDuyan
 
Dyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptxDyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptxcallscotland1987
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxVishalSingh1417
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17Celine George
 
ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701bronxfugly43
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfPoh-Sun Goh
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxRamakrishna Reddy Bijjam
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptxMaritesTamaniVerdade
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...Poonam Aher Patil
 
psychiatric nursing HISTORY COLLECTION .docx
psychiatric  nursing HISTORY  COLLECTION  .docxpsychiatric  nursing HISTORY  COLLECTION  .docx
psychiatric nursing HISTORY COLLECTION .docxPoojaSen20
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Jisc
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfciinovamais
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.pptRamjanShidvankar
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsMebane Rash
 

Recently uploaded (20)

Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...
 
PROCESS RECORDING FORMAT.docx
PROCESS      RECORDING        FORMAT.docxPROCESS      RECORDING        FORMAT.docx
PROCESS RECORDING FORMAT.docx
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.
 
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptxSKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and Modifications
 
Dyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptxDyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptx
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptx
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17
 
ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdf
 
Spatium Project Simulation student brief
Spatium Project Simulation student briefSpatium Project Simulation student brief
Spatium Project Simulation student brief
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docx
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...
 
psychiatric nursing HISTORY COLLECTION .docx
psychiatric  nursing HISTORY  COLLECTION  .docxpsychiatric  nursing HISTORY  COLLECTION  .docx
psychiatric nursing HISTORY COLLECTION .docx
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.ppt
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 

Help Save & Exit Exercise 1-14 Analysis of return on assets LO A2 Swi.pdf

  • 1. Help Save & Exit Exercise 1-14 Analysis of return on assets LO A2 Swiss Grou 2017, assets had grown to $198,000. p reports net income of $40,000 for 2017. At the beginning of 2017, Swiss Group had $148.000 in assets. By the end of What is Swiss Group's 2017 return on assets? Solution Choose Numerator: / Choose Denominator: = Return on Assets Net Income / Average Total Assets = Return on Assets $40000 / 148000+198000 2 = 173000 = 23.12% Choose Numerator: / Choose Denominator: = Return on Assets Net Income / Average Total Assets = Return on Assets $40000 /