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Reston had income of $204 million and average invested assets of $1,990 million. Its return on assets is?

Sagot :

Its return on assets is 0.1025.

Given,

Income = $204 million

Average invested assets = $1,990 million

Return on assets = Net income / total assets

= $204 million / 1,990 million

=0.1025

Therefore, Return on asset is 0.1025.

Return on assets (ROA) is a measure of how efficiently a company uses the assets it owns to generate profits. Analysts, managers, and investors use Return on assets to evaluate a company's financial health.

Net income is what the business has left over after all its expenses, including salary and wages, cost of the goods or raw material and taxes.

To learn more about Return on assets here:

https://brainly.com/question/14969411

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