Question
Blaser Corporation had $1,039,000 in invested assets, sales of $1,222,000, income from operations amounting to $242,000 and a desired minimum rate of return of 15%.
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Blaser Corporation had $1,039,000 in invested assets, sales of $1,222,000, income from operations amounting to $242,000 and a desired minimum rate of return of 15%. The rate of return on investment for Blaser Corporation is
Round the percentage to one decimal place.
a.23.3%
b.19.8%
c.15.8%
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Consolidated Financial Reporting
Authors: Paul Taylor
1st Edition
1853962503, 9781853962509
