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The Monarchs Corporation has net income of $175,000.00, interest payable of $5,000.00, interest expense of $3,000.00, and average total assets of $75,000.00. Calculate the rate of return on total assets.
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The Monarchs Corporation has net income of $175,000.00, interest payable of $5,000.00, interest expense of $3,000.00, and average total assets of $75,000.00. Calculate the rate of return on total assets.

User Sumsuddin Shojib
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1 Answer

6 votes
Just easily subtract like seriously so simple
User Wael Hamadeh
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