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A company reports the following income statement and balance sheet information for the current year: Net income $424,000 Interest expense 80,000 Average total assets 4,200,000
A company reports the following income statement and balance sheet information for the current year:
| Net income | $424,000 |
| Interest expense | 80,000 |
| Average total assets | 4,200,000 |
Determine the return on total assets. (Round percentages to one decimal place.) ___________%
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The Psychology Of People In Organisations
Authors: Angela Mansi, Melanie Ashleigh
1st Edition
0273755765, 9780273755760
