Assume worldwide cleaning service had net income of $ 900 for the year. worldwide cleaning service's beginning and ending total assets were $ 4 comma 600 and $ 4 comma 400, respectively. calculate worldwide cleaning service's return on assets for the year

return on assets = 20%

Explanation:

given data

net income = $900

beginning total assets = $4600

ending total assets = $4400

solution

we get here return on assets that is express as

return on assets = × 100   ............1

here average assets will be

average assets =

average assets = $4500

put here value we get

return on assets = × 100

return on assets = 20%

it's obviously d. it could be c though.