Jester Corporation's most recent income statement appears below: The beginning balance of total assets was $230,000 and the ending balance was $223,000. The return on total assets is closest to:
A) 27.2%
B) 38.9%
C) 30.5%
D) 21.3%

Question

Jester Corporation's most recent income statement appears below:  The beginning balance of total assets was $230,000 and the ending balance was $223,000. The return on total assets is closest to:
A) 27.2% 
B) 38.9% 
C) 30.5% 
D) 21.3%

Quizplus · Accepted Answer

The Answer of Jester Corporation's most recent income statement appears below:  The beginning balance of total assets was $230,000 and the ending balance was $223,000. The return on total assets is closest to:
A) 27.2% 
B) 38.9% 
C) 30.5% 
D) 21.3%

Jester Corporation's Most Recent Income Statement Appears Below: the Beginning