ROROKAI8565 ROROKAI8565

20-05-2024
Business

Answered

Pilot Point Company (PPC) had net earnings of $77,500, sales revenue of $1,462,000, and average total assets of $455,000 for the year. What is PPC's return on assets?
a. 7.8%
b. 31.1%
c. 321%
d. 17.0%

Answer :

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