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Canberry Corporation had net income of $124,000, beginning total assets of $904,000 and ending total assets of $800,000. Its return on total assets is: Multiple

Canberry Corporation had net income of $124,000, beginning total assets of $904,000 and ending total assets of $800,000. Its return on total assets is:

Multiple Choice

a. 14.6%

b. 13.7%

c. 15.5%

d. 729%

e. 645%

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