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11) Agnes' Flowers has annual sales of $687,400, total liabilities of $210,000, total equity of $365,000, current liabilities of $124,000, and a profit margin
11) Agnes' Flowers has annual sales of $687,400, total liabilities of $210,000, total equity of $365,000, current liabilities of $124,000, and a profit margin of 4.80%. Find the return on assets. a. 5.74% b. 6.48% c. 7.02% d. 7.78% e. 9.79%
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Accounting Business Reporting For Decision Making
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
4th Edition
978-0730302414, 0730302415
