"tom's tool factory is an investment center and is responsible for all of its net income and the use of its assets. this year, the invested assets totaled $475,000, and net income was $275,000. what is the rate of return on assets? "

a.57.9%
b. 172.3%
c. 5.0%
d. 115.0%

A.57.9%

Explanation:

Return on Assets (ROA) measures how effective a business generates income from its total assets. It is calculated from the net income and total assets using the following formula;

Return on assets (ROA ) = Net income / Total assets

Net income = 275,000

Total assets = 475,000

ROA = 275,000 / 475,000

= 0.5789 or 57.9%

ool enjoy a dunc cap cp cap cap

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!