Determine the return on assets (ROA)for a venture with the following financial information: revenues = $500,000; net profit = $70,000; and asset turnover = 2.0 times.
A)10%
B)14%
C)28%
D)34%

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The Answer of Determine the return on assets (ROA)for a venture with the following financial information: revenues = $500,000; net profit = $70,000; and asset turnover = 2.0 times.
A)10%
B)14%
C)28%
D)34%

Determine the Return on Assets (ROA)for a Venture with the Following