Ridgetop Corporation reported the following amounts on its balance sheet at December 31,2019:
On January 1,2019,total assets were $2,000,000,total liabilities were $1,200,000 and total stockholders' equity was $800,000.
Calculate Ridgetop's return on assets.
Definitions:
Antibody-Mediated Immunity
The aspect of immunity that involves the production of antibodies by B cells targeting specific antigens, such as pathogens or foreign substances.
Tears
The liquid secreted by the lacrimal glands of the eye, functioning in lubrication, nourishment, and protection of the eye surface.
Saliva
A watery secretion from the glands in the mouth, aiding in digestion and maintaining oral hygiene.
Innate Immunity
The body's first line of defense against pathogens, which is present from birth and not specific to any particular pathogen.
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