Using the Following Data for Stevenson Industries, Compute the Return$$\begin{array} { l r }
\text { Net Income } & \$ 150,000 \
\text { Total Assets } 12 / 31 / 14 & 2,410,000 \
\text { Total Assets 12/31/13 } & 1,980,000 \
\text { Net Sales } & 250,000
\end{array}$$

Question

Using the Following Data for Stevenson Industries, Compute the Return$$\begin{array} { l r } 
\text { Net Income } & \$ 150,000 \
\text { Total Assets } 12 / 31 / 14 & 2,410,000 \
\text { Total Assets 12/31/13 } & 1,980,000 \
\text { Net Sales } & 250,000
\end{array}$$

Examlex · Accepted Answer

The Answer of Using the Following Data for Stevenson Industries, Compute the Return$$\begin{array} { l r } 
\text { Net Income } & \$ 150,000 \
\text { Total Assets } 12 / 31 / 14 & 2,410,000 \
\text { Total Assets 12/31/13 } & 1,980,000 \
\text { Net Sales } & 250,000
\end{array}$$

Using the Following Data for Stevenson Industries, Compute the Return

Definitions: