Use the following information for questions 111 and 112:
For 2014, Hammer Company reports beginning of the year total assets of $900,000, end of the year total assets of $1,100,000, net sales of $750,000, and net income of $150,000.
-The rate of return on assets for Hammer in 2014 is

Question

Quizplus · Accepted Answer

The Answer of Use the following information for questions 111 and 112:
For 2014, Hammer Company reports beginning of the year total assets of $900,000, end of the year total assets of $1,100,000, net sales of $750,000, and net income of $150,000.
-The rate of return on assets for Hammer in 2014 is

Use the Following Information for Questions 111 and 112