Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. coronado incorporated had average total assets in

Coronado Incorporated had average total assets in 2025 of $6345000. It reported sales for of...

80.2K

Verified Solution

Question

Accounting

Coronado Incorporated had average total assets in 2025 of $6345000. It reported sales for of $8217000 that year. Average liabilities for the year were $5199000. Net income for the year was $958095. What is Coronado' return on assets for 2025? 15.10% O 18.43% O 6.52% O 11.66%
image
Coronado Incorporated had average total assets in 2025 of $6345000. It reported sales for of $8217000 that year. Average liabilities for the year were $5199000. Net income for the year was $958095. What is Coronado' return on assets for 2025 ? 15.10% 18.43% 6.52% 11.66%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

2. The circumference is 24? and mCD = 60. Length of CD =

Statistics
1.2K views

The National Longitudinal Study of Adolescent Health interviewed several thousand teens (grades 7 to 12). One...

Chemistry
1.2K views

5. Using boxes to represent orbitals, draw the molecular orbital energy level diagrams for the following...

Finance
1.2K views

Problem 3-6 Financial Statements (LO1,4) South Sea Baubles has the following (incomplete) balance sheet and income statement. BALANCE...

Physics
1.2K views

The resistances in the two arms of the meter bridge are 5 2 and R2...

Basic Math
1.2K views

Move the slider kt so that the graph of g gets shifted up 2 units...

Basic Math
1.2K views

Solve the inequality Write the solution set in interval notation Simplify your answer completely 12...

Basic Math
1.2K views

Write the logarithmic expression as a single logarithm with coefficient 1, and simplify as much...

Algebra
1.2K views

iply x 2 213 Simplify your answ

Accounting
1.2K views

1. Inventory adjustments 2. Audit opinion on inventory ACT444 - Course Project Exhibits...

Accounting
1.2K views

Sultan Company uses an activity-based costing system. At the beginning of the year,...

Finance
1.2K views

11.- All of the following are tangible resources EXCEPT:- A. -Production equipment B. Distribution centers....