46.8k views
3 votes
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.

1 Answer

6 votes
Just easily subtract like seriously so simple
User Wael Hamadeh
by
8.3k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.