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What is the company return on assets

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Reference no: EM132811912

Problem 1: Charlie's Construction Company is a growing construction business that has a few contracts to build storefronts in downtown Chicago. Charlie's balance sheet shows an ending balance of $2,000,000 of assets. During the current year, Charlie's company had net income of $20,000,000. What is the company's return on assets (RoA) ?

Reference no: EM132811912

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