Yellowknife Company has total assets of $1,500,000 and $1,650,000 as at December 31, 2012 and 2013, respectively.A review of the company's income statement for 2013 shows that net income and interest expense were $175,000 and $12,000, respectively.If the company's average tax rate is 25%, their
Return-on-assets for 2013 is closest to?

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The Answer of Yellowknife Company has total assets of $1,500,000 and $1,650,000 as at December 31, 2012 and 2013, respectively.A review of the company's income statement for 2013 shows that net income and interest expense were $175,000 and $12,000, respectively.If the company's average tax rate is 25%, their
Return-on-assets for 2013 is closest to?

Yellowknife Company Has Total Assets of $1,500,000 and $1,650,000 as at December