In 2014, FPT, Inc., reported $200 million in sales, $15 million in net income, and average total…

In 2014, FPT, Inc., reported $200 million in sales, $15 million in net income, and average total assets of $83 million. What is FPT’s return on assets in 2014?View Solution:
In 2014 FPT Inc reported 200 million in sales 15