Claudia's Gems had net sales of $220,000, total assets of $390,000, total liabilities of $109,000, a cost of goods sold
Posted: Wed Mar 16, 2022 9:12 am
Claudia's Gems had net sales of $220,000, total assets of
$390,000, total liabilities of $109,000, a cost of goods sold
of $69,000, expenses of $82,000, and net profit after taxes
of $29,000. Calculate the store's return on assets
ratio. Provide an explanation of what this number
represents and why is it important for retailers.
please give ans asap
$390,000, total liabilities of $109,000, a cost of goods sold
of $69,000, expenses of $82,000, and net profit after taxes
of $29,000. Calculate the store's return on assets
ratio. Provide an explanation of what this number
represents and why is it important for retailers.
please give ans asap