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26 August, 23:18

Cage company had income of $350 million and average invested assets of $2,000 million. its return on assets (roa) is

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  1. 26 August, 23:32
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    Cage company had income of $350 million and average invested assets of $2,000 million. its return on assets (roa) is

    The formula of return on assets is net income divided by average assets.

    Given that the net income is $350 million, average asset is $2000

    The answer is 0.0005
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