(Answered) Consider the following information from an income statement

Management Studies

Consider the following information from an income statement and balance sheet:

NOI: $323,000
Interest Expense: $165,000
Total Current Assets: $98,396
Total Fixed Assets: $2,996,000
Total Liabilities & Capital: $3,094,396
Total Liabilities: 2,551,396

1. Calculate Return on Assets (round to nearest tenth of a percent)

2. Calculate Return on Equity (round to nearest tenth of a percent)

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Business Management, Management Studies

Category:- Business Management
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