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Adams Service Company had a net income of $14,500 for the year ending December 31,2018.The total assets on January 1,2018 were $28,000.The total assets on December 31,2018 were $16,000.
Calculate Adam's return on assets (ROA).Show your computations and label your work.Round your answer to two decimal places.
Cognitive Approach
A psychological perspective that focuses on mental processes such as perception, memory, and problem-solving.
Depressive Disorders
A group of conditions characterized by persistent feelings of sadness and worthlessness and a lack of desire to engage in formerly pleasurable activities.
Cognitive Tendencies
Inherent patterns or predispositions in thinking, such as biases or idiosyncrasies, that affect how individuals process information.
Depressive Disorders
A group of conditions characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities.
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