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Calculate the return on assets for a gift shop that has total assets of $350,000, current assets of $74,000, total liabilities of $280,000, accounts receivable

Calculate the return on assets for a gift shop that has total assets of $350,000, current assets of $74,000, total liabilities of $280,000, accounts receivable of $12,000, net sales of $64,000 and net profit after taxes of $23,000. 18.30% 6.57% 8.21% 25.04%

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