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River Corp's total assets at the end of last year were $415,000 and its net income was $32,750. What was its return on total assets

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The return on total assets of River Corps is 0.0789.

What was its return on total assets?

The return on total assets is an example of financial ratio. It is the net income divided by total assets. It is an example of a profitability ratio. Profitability ratios measure the efficiency with which a company generates profit from its asset.

Return on total assets = Net income / average total assets

$32,750 / $415,000 = 0.0789

To learn more about financial ratios, please check: https://brainly.com/question/26092288

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