Respuesta :
Answer:
18.22%
Explanation:
The computation of the return on total assets is shown below:
Return on assets = (Net income) ÷ (average of total assets)
where,
Net income is $39,000
Average total assets = (Beginning total assets + ending total assets) ÷ 2
= ($189,000 + $239,000) ÷ 2
= $214,000
Now put these values to the above formula
So, the ratio would equal to
= $39,000 ÷ $214,000
= 18.22%
