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Boaz Company had beginning of year assets of $100 million and end of year assets of $120 million Boaz's net income is $5 million Calculate

Boaz Company had beginning of year assets of $100 million and end of year assets of $120 million Boaz's net income is $5 million Calculate Boaz Company's return on assets


  • 4.5%
  • 5%
  • 4.1%
  • 45.4%

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