Posted by **Alexa** on Tuesday, April 27, 2010 at 9:18am.

Based on the following values, calculate the Return on Assets?

Gross Income = $2.7M || Net Income = $1.8M || Net Assets = $900K || Current Assets = $450K

I'm having a hard time with this and unsure of the formula to use. Can you please help?

## Answer This Question

## Related Questions

- Accounting - Moon Shoe Factory is an investment center and is responsible for ...
- Finance - Trying to figure out how to do problems like these. So confused! 1. ...
- Accounting - How can I calculate the net income if I only know the assets total ...
- Finance - Following are selected financial data in thousands of dollars for the ...
- Accounting - The ratio of __________ to __________ is an example of a __________...
- Accounting - The ratio of __________ to __________ is an example of a __________...
- managerial finance - A firm has sales of $1,200, net income of $200, net fixed ...
- Math - The ratio of __________ to __________ is an example of a __________ ratio...
- accounting - Acme Inc. has total liabilities of $120,000, total sales of $80,000...
- accounting - Acme Inc. has total liabilities of $120,000, total sales of $80,000...

More Related Questions