Homework answers / question archive / The following information was available for the year ended December 31, 2019:  Sales $ 300,000 Net income 50,000 Average total assets 750,000 Average total stockholders' equity 500,000   ROI for the year ended December 31, 2019 was:   Choices: 20

The following information was available for the year ended December 31, 2019:  Sales $ 300,000 Net income 50,000 Average total assets 750,000 Average total stockholders' equity 500,000   ROI for the year ended December 31, 2019 was:   Choices: 20

Accounting

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The following information was available for the year ended December 31, 2019:

 Sales $ 300,000

Net income 50,000

Average total assets 750,000

Average total stockholders' equity 500,000

ROI for the year ended December 31, 2019 was:

Choices:

20.0%

16.7%

6.7%

10.0%