Post Utme Rhema University 2017 Commerce Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2017 Commerce Objective / Multiple Choice
Question 15 POST_UTME_RHEMA_UNIVERSITY • 2017 • COMMERCE • objective

A company's financial statement shows a net income of ₦1 million and a total assets of ₦5 million. What is the return on assets (ROA) percentage?

Answer Options

A. 20%
Correct Answer B. 25%
C. 30%
D. 35%
Correct Answer
B
Correct Option:
25%

About This Question

This is Post Utme Rhema University 2017 Commerce Question 15. It is one of the objective questions from the 2017 Post Utme Rhema University Commerce examination.

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