Based on the partial balance sheet of Marco Investments, find the rate of return on total assets. $$\begin{array} { | l | r | }
\hline \text { Total Assets, December } 31,2014 & \$ 187,365 \
\hline \text { Total Assets, December } 31,2013 & \$ 138,895 \
\hline \text { For Year Ended December 31,2014 } & \
\hline \text { Interest Expense } & \$ 6,795 \
\hline \text { Net Income } & \$ 18,082 \
\hline
\end{array}$$

Question

Based on the partial balance sheet of Marco Investments, find the rate of return on total assets. $$\begin{array} { | l | r | } 
\hline \text { Total Assets, December } 31,2014 & \$ 187,365 \
\hline \text { Total Assets, December } 31,2013 & \$ 138,895 \
\hline \text { For Year Ended December 31,2014 } & \
\hline \text { Interest Expense } & \$ 6,795 \
\hline \text { Net Income } & \$ 18,082 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Based on the partial balance sheet of Marco Investments, find the rate of return on total assets. $$\begin{array} { | l | r | } 
\hline \text { Total Assets, December } 31,2014 & \$ 187,365 \
\hline \text { Total Assets, December } 31,2013 & \$ 138,895 \
\hline \text { For Year Ended December 31,2014 } & \
\hline \text { Interest Expense } & \$ 6,795 \
\hline \text { Net Income } & \$ 18,082 \
\hline
\end{array}$$

Based on the Partial Balance Sheet of Marco Investments, Find