Danny's Dog Delivery Has Total Assets of $975, Sales of $989

question 101

Multiple Choice

Danny's Dog Delivery has total assets of $975, sales of $989, net profit after taxes of $56, and operating income of $576. Which of the following is the return on assets ratio for this business?

• A) 0.057
• B) 0.591
• C) 0.986
• D) 1.01

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