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If sales are $211,000, the profit margin is 6.3 percent, and the capital intensity ratio is .94
the Return on assets = (.063 × $211,000)/(.94 × $211,000) = .0670
6.70 percent Return on Assets
What Is Return on Assets?
- Return on assets is a profitability ratio that provides how much profit a company is able to generate from its assets.
- Return on assets is shown as a percentage, and the higher the number, the more efficient a company's management is at managing its balance sheet to generate profits.
Return on assets is calculated by (Net Income) divided by (Total assets)
ROA = (Net Income) ÷ (Total assets)
Learn more about Return on assets here:
https://brainly.com/question/14969411
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If sales are $211,000, the profit margin is 6.3 per cent, and the capital intensity ratio is .94
The Return on assets = (.063 × $211,000)/(.94 × $211,000) = .0670
6.70 percent is the Return on Assets.
What Is Return on Assets?
- Return on assets is a profitability ratio that provides how much profit a company is able to generate from its assets.
- Return on assets is shown as a percentage, and the higher the number, the more efficient a company's management is at managing its balance sheet to generate profits.
- Return on assets is calculated by (Net Income) divided by (Total assets)
- ROA = (Net Income) ÷ (Total assets)
Learn more about Return on assets here:
brainly.com/question/14969411
#SPJ4
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