A Company Reported Net Income of $100,000 and Average Total

question 31

Short Answer

A company reported net income of $100,000 and average total assets of $425,000.Calculate its return on total assets.

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Definitions:

Output Power

The amount of power (in watts) delivered by a system to its load, representative of the system's output performance.

Three-Phase Bank

Single-phase transformers connected in such a way as to operate on a three-phase system.

Single-Phase Transformers

Transformers designed to operate on an AC power supply of single phase, meant for transferring electrical energy between circuits.

Transformation

A thorough or dramatic change in form or appearance, often used in reference to energy conversion processes.