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Chou Co. has a net income of $55,000, assets at the beginning of the year are $262.000 and assets at the end of the year

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Chou Co. has a net income of $55,000, assets at the beginning of the year are $262.000 and assets at the end of the year are $312,000. Compute its return on assets. o Multiple Choice 10.5% 2105 176

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