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Company assets start the year

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As a CEO, one of the metrics that determine whether you get a "bonus" or not is the Return on Assets. If your ROA > 10% you get the bonus. Your company's assets start the year at $100,000 and grow to $200,000. Net Income for the year is $19,000. During review with the Board, they say you did not meet your target so no bonus. Do you agree with this assessment? Why or why not?

Reference no: EM131549939

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