SlideShare a Scribd company logo

rate of return on total assetsSolutionCalculation ofrate.pdf

•
•
S
sales113

rate of return on total assets Solution Calculation ofrate of return on total assets for the year 2012: Rate of return on total assets = Net income / Average total assets Net income for the year 2012 = $17,900,000 Average total assets = (328,000,000 + 318,000,000) /2 = $323,000,000 Hence , Rate of return on total assets = 17,900,000 / 323,000,000 = 0.05541796 = 5.54%.

Education
1 of 1
Download to read offline
rate of return on total assets Solution Calculation ofrate of return on total assets for the year 2012: Rate of return on total assets = Net income / Average total assets Net income for the year 2012 = $17,900,000 Average total assets = (328,000,000 + 318,000,000) /2 = $323,000,000 Hence , Rate of return on total assets = 17,900,000 / 323,000,000 = 0.05541796 = 5.54%

Recommended

Red Corporation manufactures hand tools in the United States. For th.pdf
Red Corporation manufactures hand tools in the United States. For th.pdfRed Corporation manufactures hand tools in the United States. For th.pdf
Red Corporation manufactures hand tools in the United States. For th.pdfsales113
 
Recently, there have been many incidences of natural disasters in ou.pdf
Recently, there have been many incidences of natural disasters in ou.pdfRecently, there have been many incidences of natural disasters in ou.pdf
Recently, there have been many incidences of natural disasters in ou.pdfsales113
 
Recite the factors that influence price elasticitySolutionTher.pdf
Recite the factors that influence price elasticitySolutionTher.pdfRecite the factors that influence price elasticitySolutionTher.pdf
Recite the factors that influence price elasticitySolutionTher.pdfsales113
 
Recite the US track record on growth, unemployment, and inflation.pdf
Recite the US track record on growth, unemployment, and inflation.pdfRecite the US track record on growth, unemployment, and inflation.pdf
Recite the US track record on growth, unemployment, and inflation.pdfsales113
 
Recall a time when you experienced a problem as result of poor commu.pdf
Recall a time when you experienced a problem as result of poor commu.pdfRecall a time when you experienced a problem as result of poor commu.pdf
Recall a time when you experienced a problem as result of poor commu.pdfsales113
 
Recall from Example 1 that whenever Suzan sees a bag of marbles, she.pdf
Recall from Example 1 that whenever Suzan sees a bag of marbles, she.pdfRecall from Example 1 that whenever Suzan sees a bag of marbles, she.pdf
Recall from Example 1 that whenever Suzan sees a bag of marbles, she.pdfsales113
 
Read the following article on project oversightKhan, A. (2011, Ap.pdf
Read the following article on project oversightKhan, A. (2011, Ap.pdfRead the following article on project oversightKhan, A. (2011, Ap.pdf
Read the following article on project oversightKhan, A. (2011, Ap.pdfsales113
 
Read the articles in the Concise Encyclopedia of Economics entitled .pdf
Read the articles in the Concise Encyclopedia of Economics entitled .pdfRead the articles in the Concise Encyclopedia of Economics entitled .pdf
Read the articles in the Concise Encyclopedia of Economics entitled .pdfsales113
 

Recommended

Red Corporation manufactures hand tools in the United States. For th.pdf
Red Corporation manufactures hand tools in the United States. For th.pdfRed Corporation manufactures hand tools in the United States. For th.pdf
Red Corporation manufactures hand tools in the United States. For th.pdfsales113
 
Recently, there have been many incidences of natural disasters in ou.pdf
Recently, there have been many incidences of natural disasters in ou.pdfRecently, there have been many incidences of natural disasters in ou.pdf
Recently, there have been many incidences of natural disasters in ou.pdfsales113
 
Recite the factors that influence price elasticitySolutionTher.pdf
Recite the factors that influence price elasticitySolutionTher.pdfRecite the factors that influence price elasticitySolutionTher.pdf
Recite the factors that influence price elasticitySolutionTher.pdfsales113
 
Recite the US track record on growth, unemployment, and inflation.pdf
Recite the US track record on growth, unemployment, and inflation.pdfRecite the US track record on growth, unemployment, and inflation.pdf
Recite the US track record on growth, unemployment, and inflation.pdfsales113
 
Recall a time when you experienced a problem as result of poor commu.pdf
Recall a time when you experienced a problem as result of poor commu.pdfRecall a time when you experienced a problem as result of poor commu.pdf
Recall a time when you experienced a problem as result of poor commu.pdfsales113
 
Recall from Example 1 that whenever Suzan sees a bag of marbles, she.pdf
Recall from Example 1 that whenever Suzan sees a bag of marbles, she.pdfRecall from Example 1 that whenever Suzan sees a bag of marbles, she.pdf
Recall from Example 1 that whenever Suzan sees a bag of marbles, she.pdfsales113
 
Read the following article on project oversightKhan, A. (2011, Ap.pdf
Read the following article on project oversightKhan, A. (2011, Ap.pdfRead the following article on project oversightKhan, A. (2011, Ap.pdf
Read the following article on project oversightKhan, A. (2011, Ap.pdfsales113
 
Read the articles in the Concise Encyclopedia of Economics entitled .pdf
Read the articles in the Concise Encyclopedia of Economics entitled .pdfRead the articles in the Concise Encyclopedia of Economics entitled .pdf
Read the articles in the Concise Encyclopedia of Economics entitled .pdfsales113
 
Read the article Security Controls that Work by Dwayne Melancon.pdf
Read the article Security Controls that Work by Dwayne Melancon.pdfRead the article Security Controls that Work by Dwayne Melancon.pdf
Read the article Security Controls that Work by Dwayne Melancon.pdfsales113
 
Read the article Security Controls that Work by Dwayne Melancon .pdf
Read the article Security Controls that Work by Dwayne Melancon .pdfRead the article Security Controls that Work by Dwayne Melancon .pdf
Read the article Security Controls that Work by Dwayne Melancon .pdfsales113
 
Read Birkinshaw Chapter 6Briefly describe chapter 6 of Reinventing.pdf
Read Birkinshaw Chapter 6Briefly describe chapter 6 of Reinventing.pdfRead Birkinshaw Chapter 6Briefly describe chapter 6 of Reinventing.pdf
Read Birkinshaw Chapter 6Briefly describe chapter 6 of Reinventing.pdfsales113
 
ray has enrolled as a freshman at a university and the probability h.pdf
ray has enrolled as a freshman at a university and the probability h.pdfray has enrolled as a freshman at a university and the probability h.pdf
ray has enrolled as a freshman at a university and the probability h.pdfsales113
 
RatioOptum & CMS Median Ratio Hospital Industry1-99 beds100-19.pdf
RatioOptum & CMS Median Ratio Hospital Industry1-99 beds100-19.pdfRatioOptum & CMS Median Ratio Hospital Industry1-99 beds100-19.pdf
RatioOptum & CMS Median Ratio Hospital Industry1-99 beds100-19.pdfsales113
 
Ralph Murdock found himself in a small group of co-workers at Essin .pdf
Ralph Murdock found himself in a small group of co-workers at Essin .pdfRalph Murdock found himself in a small group of co-workers at Essin .pdf
Ralph Murdock found himself in a small group of co-workers at Essin .pdfsales113
 
Raleigh has $15 bilion in total assets. Its balance sheet shows $2 b.pdf
Raleigh has $15 bilion in total assets. Its balance sheet shows $2 b.pdfRaleigh has $15 bilion in total assets. Its balance sheet shows $2 b.pdf
Raleigh has $15 bilion in total assets. Its balance sheet shows $2 b.pdfsales113
 
Railroads were big business in the mid to late 1800s in the United S.pdf
Railroads were big business in the mid to late 1800s in the United S.pdfRailroads were big business in the mid to late 1800s in the United S.pdf
Railroads were big business in the mid to late 1800s in the United S.pdfsales113
 
Random number A is distributed exponentially with a mean of 4. Rando.pdf
Random number A is distributed exponentially with a mean of 4. Rando.pdfRandom number A is distributed exponentially with a mean of 4. Rando.pdf
Random number A is distributed exponentially with a mean of 4. Rando.pdfsales113
 
Radioactive radium has a half-life of approximately 1599 years. What.pdf
Radioactive radium has a half-life of approximately 1599 years. What.pdfRadioactive radium has a half-life of approximately 1599 years. What.pdf
Radioactive radium has a half-life of approximately 1599 years. What.pdfsales113
 
Radio Station call letters consist of four uppercase letters which m.pdf
Radio Station call letters consist of four uppercase letters which m.pdfRadio Station call letters consist of four uppercase letters which m.pdf
Radio Station call letters consist of four uppercase letters which m.pdfsales113
 
Radioactive iodine , 131I which is frequently used in tracer studies.pdf
Radioactive iodine , 131I which is frequently used in tracer studies.pdfRadioactive iodine , 131I which is frequently used in tracer studies.pdf
Radioactive iodine , 131I which is frequently used in tracer studies.pdfsales113
 
Radio Transmitters and Receivers1. Construct the Colpitts Oscillat.pdf
Radio Transmitters and Receivers1. Construct the Colpitts Oscillat.pdfRadio Transmitters and Receivers1. Construct the Colpitts Oscillat.pdf
Radio Transmitters and Receivers1. Construct the Colpitts Oscillat.pdfsales113
 
r=4sec(theta) Identify the curve by finding a Cartesian equation f.pdf
r=4sec(theta) Identify the curve by finding a Cartesian equation f.pdfr=4sec(theta) Identify the curve by finding a Cartesian equation f.pdf
r=4sec(theta) Identify the curve by finding a Cartesian equation f.pdfsales113
 
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfEnzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfSumit Tiwari
 
internship ppt on smartinternz platform as salesforce developer
internship ppt on smartinternz platform as salesforce developerinternship ppt on smartinternz platform as salesforce developer
internship ppt on smartinternz platform as salesforce developerunnathinaik
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxmanuelaromero2013
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxsocialsciencegdgrohi
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxiammrhaywood
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)eniolaolutunde
 
Final demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptxFinal demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptxAvyJaneVismanos
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon AUnboundStockton
 

More Related Content

More from sales113

Read the article Security Controls that Work by Dwayne Melancon.pdf
Read the article Security Controls that Work by Dwayne Melancon.pdfRead the article Security Controls that Work by Dwayne Melancon.pdf
Read the article Security Controls that Work by Dwayne Melancon.pdfsales113
 
Read the article Security Controls that Work by Dwayne Melancon .pdf
Read the article Security Controls that Work by Dwayne Melancon .pdfRead the article Security Controls that Work by Dwayne Melancon .pdf
Read the article Security Controls that Work by Dwayne Melancon .pdfsales113
 
Read Birkinshaw Chapter 6Briefly describe chapter 6 of Reinventing.pdf
Read Birkinshaw Chapter 6Briefly describe chapter 6 of Reinventing.pdfRead Birkinshaw Chapter 6Briefly describe chapter 6 of Reinventing.pdf
Read Birkinshaw Chapter 6Briefly describe chapter 6 of Reinventing.pdfsales113
 
ray has enrolled as a freshman at a university and the probability h.pdf
ray has enrolled as a freshman at a university and the probability h.pdfray has enrolled as a freshman at a university and the probability h.pdf
ray has enrolled as a freshman at a university and the probability h.pdfsales113
 
RatioOptum & CMS Median Ratio Hospital Industry1-99 beds100-19.pdf
RatioOptum & CMS Median Ratio Hospital Industry1-99 beds100-19.pdfRatioOptum & CMS Median Ratio Hospital Industry1-99 beds100-19.pdf
RatioOptum & CMS Median Ratio Hospital Industry1-99 beds100-19.pdfsales113
 
Ralph Murdock found himself in a small group of co-workers at Essin .pdf
Ralph Murdock found himself in a small group of co-workers at Essin .pdfRalph Murdock found himself in a small group of co-workers at Essin .pdf
Ralph Murdock found himself in a small group of co-workers at Essin .pdfsales113
 
Raleigh has $15 bilion in total assets. Its balance sheet shows $2 b.pdf
Raleigh has $15 bilion in total assets. Its balance sheet shows $2 b.pdfRaleigh has $15 bilion in total assets. Its balance sheet shows $2 b.pdf
Raleigh has $15 bilion in total assets. Its balance sheet shows $2 b.pdfsales113
 
Railroads were big business in the mid to late 1800s in the United S.pdf
Railroads were big business in the mid to late 1800s in the United S.pdfRailroads were big business in the mid to late 1800s in the United S.pdf
Railroads were big business in the mid to late 1800s in the United S.pdfsales113
 
Random number A is distributed exponentially with a mean of 4. Rando.pdf
Random number A is distributed exponentially with a mean of 4. Rando.pdfRandom number A is distributed exponentially with a mean of 4. Rando.pdf
Random number A is distributed exponentially with a mean of 4. Rando.pdfsales113
 
Radioactive radium has a half-life of approximately 1599 years. What.pdf
Radioactive radium has a half-life of approximately 1599 years. What.pdfRadioactive radium has a half-life of approximately 1599 years. What.pdf
Radioactive radium has a half-life of approximately 1599 years. What.pdfsales113
 
Radio Station call letters consist of four uppercase letters which m.pdf
Radio Station call letters consist of four uppercase letters which m.pdfRadio Station call letters consist of four uppercase letters which m.pdf
Radio Station call letters consist of four uppercase letters which m.pdfsales113
 
Radioactive iodine , 131I which is frequently used in tracer studies.pdf
Radioactive iodine , 131I which is frequently used in tracer studies.pdfRadioactive iodine , 131I which is frequently used in tracer studies.pdf
Radioactive iodine , 131I which is frequently used in tracer studies.pdfsales113
 
Radio Transmitters and Receivers1. Construct the Colpitts Oscillat.pdf
Radio Transmitters and Receivers1. Construct the Colpitts Oscillat.pdfRadio Transmitters and Receivers1. Construct the Colpitts Oscillat.pdf
Radio Transmitters and Receivers1. Construct the Colpitts Oscillat.pdfsales113
 
r=4sec(theta) Identify the curve by finding a Cartesian equation f.pdf
r=4sec(theta) Identify the curve by finding a Cartesian equation f.pdfr=4sec(theta) Identify the curve by finding a Cartesian equation f.pdf
r=4sec(theta) Identify the curve by finding a Cartesian equation f.pdfsales113
 

More from sales113 (14)

Read the article Security Controls that Work by Dwayne Melancon.pdf
Read the article Security Controls that Work by Dwayne Melancon.pdfRead the article Security Controls that Work by Dwayne Melancon.pdf
Read the article Security Controls that Work by Dwayne Melancon.pdf
 
Read the article Security Controls that Work by Dwayne Melancon .pdf
Read the article Security Controls that Work by Dwayne Melancon .pdfRead the article Security Controls that Work by Dwayne Melancon .pdf
Read the article Security Controls that Work by Dwayne Melancon .pdf
 
Read Birkinshaw Chapter 6Briefly describe chapter 6 of Reinventing.pdf
Read Birkinshaw Chapter 6Briefly describe chapter 6 of Reinventing.pdfRead Birkinshaw Chapter 6Briefly describe chapter 6 of Reinventing.pdf
Read Birkinshaw Chapter 6Briefly describe chapter 6 of Reinventing.pdf
 
ray has enrolled as a freshman at a university and the probability h.pdf
ray has enrolled as a freshman at a university and the probability h.pdfray has enrolled as a freshman at a university and the probability h.pdf
ray has enrolled as a freshman at a university and the probability h.pdf
 
RatioOptum & CMS Median Ratio Hospital Industry1-99 beds100-19.pdf
RatioOptum & CMS Median Ratio Hospital Industry1-99 beds100-19.pdfRatioOptum & CMS Median Ratio Hospital Industry1-99 beds100-19.pdf
RatioOptum & CMS Median Ratio Hospital Industry1-99 beds100-19.pdf
 
Ralph Murdock found himself in a small group of co-workers at Essin .pdf
Ralph Murdock found himself in a small group of co-workers at Essin .pdfRalph Murdock found himself in a small group of co-workers at Essin .pdf
Ralph Murdock found himself in a small group of co-workers at Essin .pdf
 
Raleigh has $15 bilion in total assets. Its balance sheet shows $2 b.pdf
Raleigh has $15 bilion in total assets. Its balance sheet shows $2 b.pdfRaleigh has $15 bilion in total assets. Its balance sheet shows $2 b.pdf
Raleigh has $15 bilion in total assets. Its balance sheet shows $2 b.pdf
 
Railroads were big business in the mid to late 1800s in the United S.pdf
Railroads were big business in the mid to late 1800s in the United S.pdfRailroads were big business in the mid to late 1800s in the United S.pdf
Railroads were big business in the mid to late 1800s in the United S.pdf
 
Random number A is distributed exponentially with a mean of 4. Rando.pdf
Random number A is distributed exponentially with a mean of 4. Rando.pdfRandom number A is distributed exponentially with a mean of 4. Rando.pdf
Random number A is distributed exponentially with a mean of 4. Rando.pdf
 
Radioactive radium has a half-life of approximately 1599 years. What.pdf
Radioactive radium has a half-life of approximately 1599 years. What.pdfRadioactive radium has a half-life of approximately 1599 years. What.pdf
Radioactive radium has a half-life of approximately 1599 years. What.pdf
 
Radio Station call letters consist of four uppercase letters which m.pdf
Radio Station call letters consist of four uppercase letters which m.pdfRadio Station call letters consist of four uppercase letters which m.pdf
Radio Station call letters consist of four uppercase letters which m.pdf
 
Radioactive iodine , 131I which is frequently used in tracer studies.pdf
Radioactive iodine , 131I which is frequently used in tracer studies.pdfRadioactive iodine , 131I which is frequently used in tracer studies.pdf
Radioactive iodine , 131I which is frequently used in tracer studies.pdf
 
Radio Transmitters and Receivers1. Construct the Colpitts Oscillat.pdf
Radio Transmitters and Receivers1. Construct the Colpitts Oscillat.pdfRadio Transmitters and Receivers1. Construct the Colpitts Oscillat.pdf
Radio Transmitters and Receivers1. Construct the Colpitts Oscillat.pdf
 
r=4sec(theta) Identify the curve by finding a Cartesian equation f.pdf
r=4sec(theta) Identify the curve by finding a Cartesian equation f.pdfr=4sec(theta) Identify the curve by finding a Cartesian equation f.pdf
r=4sec(theta) Identify the curve by finding a Cartesian equation f.pdf
 

Recently uploaded

Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfEnzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfSumit Tiwari
 
internship ppt on smartinternz platform as salesforce developer
internship ppt on smartinternz platform as salesforce developerinternship ppt on smartinternz platform as salesforce developer
internship ppt on smartinternz platform as salesforce developerunnathinaik
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxmanuelaromero2013
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxsocialsciencegdgrohi
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxiammrhaywood
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)eniolaolutunde
 
Final demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptxFinal demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptxAvyJaneVismanos
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon AUnboundStockton
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Krashi Coaching
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology ( Production , Purification , and Application ) Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology ( Production , Purification , and Application ) Sakshi Ghasle
 
भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,Virag Sontakke
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentInMediaRes1
 
Science lesson Moon for 4th quarter lesson
Science lesson Moon for 4th quarter lessonScience lesson Moon for 4th quarter lesson
Science lesson Moon for 4th quarter lessonJericReyAuditor
 
Biting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfBiting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfadityarao40181
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Educationpboyjonauth
 
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionMastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionSafetyChain Software
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Celine George
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxthorishapillay1
 

Recently uploaded (20)

Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfEnzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
 
internship ppt on smartinternz platform as salesforce developer
internship ppt on smartinternz platform as salesforce developerinternship ppt on smartinternz platform as salesforce developer
internship ppt on smartinternz platform as salesforce developer
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptx
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)
 
Final demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptxFinal demo Grade 9 for demo Plan dessert.pptx
Final demo Grade 9 for demo Plan dessert.pptx
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon A
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology ( Production , Purification , and Application ) Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology ( Production , Purification , and Application )
 
भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,
 
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media Component
 
Science lesson Moon for 4th quarter lesson
Science lesson Moon for 4th quarter lessonScience lesson Moon for 4th quarter lesson
Science lesson Moon for 4th quarter lesson
 
Biting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfBiting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdf
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Education
 
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionMastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory Inspection
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptx
 

rate of return on total assetsSolutionCalculation ofrate.pdf

  • 1. rate of return on total assets Solution Calculation ofrate of return on total assets for the year 2012: Rate of return on total assets = Net income / Average total assets Net income for the year 2012 = $17,900,000 Average total assets = (328,000,000 + 318,000,000) /2 = $323,000,000 Hence , Rate of return on total assets = 17,900,000 / 323,000,000 = 0.05541796 = 5.54%