Some selected financial statement items belonging to PXR Company are given in the table below. According to this information, which of the following is Return on Assets (ROA) in 2021? Receivables         18,500 Total Assets in 2021       130,000 Current Liabilities         42,000 Total Assets in 2020       110,000 Net Profit         18,000 Shareholders' Equity         85,000

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
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Chapter12: Current Liabilities
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Problem 3MC: The following is selected financial data from Block Industries: How much does Block Industries have...
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Some selected financial statement items belonging to PXR Company are given in the table below. According to this information, which of the following is Return on Assets (ROA) in 2021?

Receivables         18,500
Total Assets in 2021       130,000
Current Liabilities         42,000
Total Assets in 2020       110,000
Net Profit         18,000
Shareholders' Equity         85,000
Select one:
a. 0.11
b. 0.18
c. 0.21
d. 0.18
Clear my choice
 
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