In 2012, Artesia, Inc., reported $300 million in sales, $18 million in net income, and average total

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In 2012, Artesia, Inc., reported $300 million in sales, $18 million in net income, and average total assets of $120 million. What is Artesia’s return on assets in 2012?

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Financial accounting

ISBN: 978-0132751124

9th edition

Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom

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Question Posted: Apr 22, 2013 01:22 AM

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In 2012, Artesia, Inc., reported $300 million in sales, $18 million in net income, and average total

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RETURN ON ASSET ROA Return on asset Net incom...View the full answer

Financial accounting

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