Respuesta :
17% is the return asset for a chou company has a net income of $50,000, assets at the beginning of the year are $257,000 and assets at the end of the year are $307,000.
The sum earned by a business or an individual after costs, allowances, and taxes is referred to as net income. Net income in trade is the amounts that exists after all expenditures, such as wages and wages, the cost selling goods and materials, and taxes, have been paid. Everything that would or already has economic value to a corporation is considered a asset. In summary, commodities for businesses have been any things that fall under the company's ownership and supervision and are either currently valuable or possess the potential to be profitable in the near future. Examples include finances, machinery, and patents.
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