Assume Metro Company Had a Net Income of $2,100 for the Year

question 135

Multiple Choice

Assume Metro Company had a net income of $2,100 for the year ending December 2018.Its beginning and ending total assets were $33,500 and $19,500,respectively.Calculate Metro's return on assets (ROA) .(Round your percentage answer to two decimal places.)

• A) 6.27%
• B) 10.77%
• C) 7.92%
• D) 3.96%

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