In 2014, FPT, Inc., reported $200 million in sales, $15 million in net income, and average total

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In 2014, FPT, Inc., reported $200 million in sales, $15 million in net income, and average total assets of $83 million. What is FPT’s return on assets in 2014?

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Financial Accounting

ISBN: 978-0133427530

10th edition

Authors: Walter Harrison, Charles Horngren, William Thomas

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Question Posted: Jul 25, 2014 07:50 AM

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In 2014, FPT, Inc., reported $200 million in sales, $15 million in net income, and average total

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Financial Accounting

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