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  3. tom&dick made $25,000 operating income in year

Tom&Dick made $25,000 operating income in year 2006. After paying interest and taxes, their net...

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Question

Accounting

Tom&Dick made $25,000 operating income in year 2006. After paying interest and taxes, their net income was $5,000. The total assets employed were $75,000. Equity at the end of the year was $20,000.

Tom&Dicks return on assets ratio was *

125.00%

33.33%

25.00%

6.67%

none of the above

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