Grogan Inc. Grogan Inc. had the following information available from its 2011 and 2012 financial statements:
Refer to the Grogan Inc. information above. Grogan's return on assets (ROA) ratio for 2012 is: (round to two decimal places)
A) 44.27%.
B) 35.05%.
C) 15.04%.
D) 45.13%.

Question

Grogan Inc. Grogan Inc. had the following information available from its 2011 and 2012 financial statements:
 Refer to the Grogan Inc. information above. Grogan's return on assets (ROA) ratio for 2012 is: (round to two decimal places)
A) 44.27%. 
B) 35.05%. 
C) 15.04%. 
D) 45.13%.

Quizplus · Accepted Answer

The Answer of Grogan Inc. Grogan Inc. had the following information available from its 2011 and 2012 financial statements:
 Refer to the Grogan Inc. information above. Grogan's return on assets (ROA) ratio for 2012 is: (round to two decimal places)
A) 44.27%. 
B) 35.05%. 
C) 15.04%. 
D) 45.13%.