Some selected financial statement items belonging to PXR Company are given in the table below. According to this information, which of the following is Return on Assets (ROA) in 2021? Receivables 18,500 Total Assets in 2021 130,000 Current Liabilities 42,000 Total Assets in 2020 110,000 Net Profit 18,000 Shareholders' Equity 85,000
Some selected financial statement items belonging to PXR Company are given in the table below. According to this information, which of the following is Return on Assets (ROA) in 2021? Receivables 18,500 Total Assets in 2021 130,000 Current Liabilities 42,000 Total Assets in 2020 110,000 Net Profit 18,000 Shareholders' Equity 85,000
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 3MC: The following is selected financial data from Block Industries: How much does Block Industries have...
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Some selected financial statement items belonging to PXR Company are given in the table below. According to this information, which of the following is Return on Assets (ROA) in 2021?
Receivables | 18,500 |
Total Assets in 2021 | 130,000 |
Current Liabilities | 42,000 |
Total Assets in 2020 | 110,000 |
Net Profit | 18,000 |
Shareholders' Equity | 85,000 |
Select one:
a. 0.11
b. 0.18
c. 0.21
d. 0.18
Clear my choice
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