Assume metro corporation had a net income of $ 2 comma 400 for the year ending december 2018. its beginning and ending total assets were $ 30 comma 500 and $ 20 comma 000, respectively. calculate metro's return on assets (roa). (round your percentage answer to two decimal places.)

We have:

Net Income = 2,400

Beginning total assets = 30,500

Ending total assets = 20,000

Return on asset is net income divided by average total assets.

Average total assets = ( beginning total assets + ending total assets)/2

         = (30500 +20000)/2

         = 25,250

Return on asset = net income/ average total assets

 = 2400 /25250

 =9.50%

Therefore, Return on asset would be 9.50%.

answer90,000;