Respuesta :
Answer:
0.21 times
Explanation:
The return on net assets show how well management has used the assets of the company to generate income. It is a financial ratio given as
= net income/average total assets
Average total assets = ($149,000 + $199,000)/2
= $174,000
Return on asset = $36,000 / $174,000
= 0.21 times
This means the company's management is able to generate $0.21 for every $1 invested in assets.
