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If net income available to stockholders is US$143 and total assets are US$1,656 and total liabilities...

If net income available to stockholders is US$143 and total assets are US$1,656 and total liabilities are $235 then return on total assets would be. ?

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Answer #1

Here,

Return on total assets = net income/total assets

= 143/1656

= 0.08635

= 8.64%

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