On the 2011 income statement red door boutique reported net

Reference no: EM13586428

The correct answer is B but I don't know how to get there. Please explain step by step how you would solve to get B).

On the 2011 income statement, Red Door boutique reported net income of $123,000. The company reported beginning total assets of $2,056,000 and ending total assets of $2,182,000. What is red door's return on assets for 2011?

Reference no: EM13586428

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On the 2011 income statement red door boutique reported net : the correct answer is b but i dont know how to get there. please explain step by step how you would solve to get b.on

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