Calculate return on assets

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Reference no: EM131014419

ABC is a Winery in Napa Valley; the company grows and also buys grapes from farmers in the area, besides, wine making products from other vendors. After three years the organization needs calculations from their management to calculate Return on Assets (ROA) for the SCM process. The following figures are provides: Revenue = $1,575,000, Cost = $1,03800, Inventory =$645,000, Accounts receivable =$225,000, Cash=$250,000 , Fixed assets= $955,000. What is the ABC's Return on Asset? A. $537,000 B. $2,075,000 C. 0.26 D. 0.52

Reference no: EM131014419

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