What is the return on assets assuming a net profit before tax of $15,000 and $30,000 total assets?

To determine the return on assets (ROA), the formula used is:

[ \text{ROA} = \left( \frac{\text{Net Profit Before Tax}}{\text{Total Assets}} \right) \times 100 ]

In this case, the net profit before tax is $15,000 and total assets are $30,000. Plugging these values into the formula gives:

[ \text{ROA} = \left( \frac{15,000}{30,000} \right) \times 100 ]

Calculating this:

[ \frac{15,000}{30,000} = 0.5 ]

Then, multiplying by 100 to convert it to a percentage:

[ 0.5 \times 100 = 50% ]

Thus, the return on assets is 50%, which indicates how efficient the company is at using its assets to generate earnings. This metric is crucial for assessing the profitability relative to the company's total assets.