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Question: based on the partial balance sheet of marco investments inc...
Question details
Based on the partial balance sheet of Marco Investments Inc. find the "rate of return on total assets
| Total Assets, December 31, 2014 | $187,365 |
| Total Assets, December 31, 2013 | $138,895 |
| For Year Ended December 31, 2014 | |
| Interest Expense | $6,795 |
| Net Income | $18,082 |
|
5.74% |
||
|
15.25% |
||
|
6.91% |
||
|
9.65% |
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