Petrosino Corporation's most recent income statement appears below:
The beginning balance of total assets was $760,000 and the ending balance was $710,000.
Required:
Compute the return on total assets. Show your work!

Question

Petrosino Corporation's most recent income statement appears below:  
The beginning balance of total assets was $760,000 and the ending balance was $710,000.
Required:
Compute the return on total assets. Show your work!

Quizplus · Accepted Answer

The Answer of Petrosino Corporation's most recent income statement appears below:  
The beginning balance of total assets was $760,000 and the ending balance was $710,000.
Required:
Compute the return on total assets. Show your work!

Petrosino Corporation's Most Recent Income Statement Appears Below