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c Chocolate Company has $1.090.000 in assets and $653.000 of debt. t reports net income of $193,000 a. What is the firm's return on assets?
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Chocolate Company has $1.090.000 in assets and $653.000 of debt. t reports net income of $193,000 a. What is the firm's return on assets? (Enter your answer as a percent rounded to 2 decimal places.) Reumonassets b. What is its return on stockholders' equity? (Enter your answer as o percent rounded to 2 decimal places.) Reumoniy Financial management requires both short-term activities as well as long-term planning such as raising funds True or False True FalseStep by Step Solution
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