Question

a company's invested 12 million in start up n incurred 3 million in the 2and yr it received a profit of 4 million what was the gain percentage

​

Answer 1

Answer:

Average total assets are used in calculating ROA because a company's asset total can vary over time due to the purchase or sale of vehicles, land or equipment, inventory changes, or seasonal sales fluctuations. As a result, calculating the average total assets for the period in question is more accurate than the total assets for one period. A company's total assets can easily be found on the balance sheet.

Explanation:

hope this answer can help u

give the point