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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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