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Chou Co has a net income of $44,000, assets at the beginning of the year are $251,000 and assets at the end of the year

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Chou Co has a net income of $44,000, assets at the beginning of the year are $251,000 and assets at the end of the year are $301,000. Compute its return on assets Multiple Choice 1.5% 17.5% 8.6% 14.6% 15.9%

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