Return on total asset = Net Income / Total Assets
return on total assets = 26000 / 500000 * 100
Return on total assets = 5.2%
RBI
assets - liabilities = owners equity.
Net Income is revenue minus expenses. Assets minus liabilities is Net Worth.
Yes, they are required to file tax returns. Estates have assets and those assets may be earning income. That income is taxed.
Income represents the inflow of assets to a company as a result of some activity of the company (e.g., its sales). Expenses represent the outflow, surrender or the using up of assets (e.g. by depreciation). Both income and expenses are income staement accounts.
Return on total assets = net income / total assets *100 Return on total assets = 30000 / 500000 * 100 = 6%
A cost or expense ratio is not that hard to calculate. Basically its the operating expenses divided by the average value of assets under management. Many sites have calculators that make this easy.
Return on assets is Net income/ total assets. Hence to arrive at net income we should ascertain total assets first, as the return on assets is provided at 8.7%. Total assets is sum of Equity plus Debt plus Other liabilities. We have total equity at USD 520000. Hence debt can be ascertained from the Debt Equity ratio at 1.40. But what about other liabilities? As it is not provided we will not be able to compute total assets and hence net income from the given particulars.
RBI
this profitability ratio shows how much income is contributed by assets of a company. generally, assets contribute a majority of income earned. ROA is calculated using the following formula:Return on assets = (Net income / Total assets) x 100
Net income = total assets * return on total assets. net income = 1275 * 0.12 = 153
Yes it is the formula for calculating return on total assets as follows: Return on total asssets = Net income / total assets * 100
it means the world is coming to an end
Assets are not considered income for tax purposes. Income is typically money earned from sources like wages, salaries, and investments, while assets are possessions or resources owned by an individual or entity. Taxes are usually based on income rather than assets.
debt to assets ratio
Net Income divided by Average Total Assets
assets - liabilities = owners equity.