(SOLVED)- Swiss Group reports net income of 40 000 for 2015 At


Question Description:

$19

Swiss Group reports net income of $40,000 for 2015. At the beginning of 2015, Swiss Group had $200,000 in assets. By the end of 2015, assets had grown to $300,000. What is Swiss Group’s 2015 return on assets?
How would you assess its performance if competitors average a 10% return on assets?

Answer

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