Degollado Corporation's most recent income statement appears below:
The beginning balance of total assets was $211,000 and the ending balance was $232,000.
Required:
Compute the return on total assets.

Question

Degollado Corporation's most recent income statement appears below:
  The beginning balance of total assets was $211,000 and the ending balance was $232,000.
Required:
Compute the return on total assets.

Quizplus · Accepted Answer

The Answer of Degollado Corporation's most recent income statement appears below:
  The beginning balance of total assets was $211,000 and the ending balance was $232,000.
Required:
Compute the return on total assets.

Degollado Corporation's Most Recent Income Statement Appears Below