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Cloverton Corporation had net income of $35,190, net sales of $550,000, and average total assets of $690,000. Its return on total assets is: Multiple Choice

Cloverton Corporation had net income of $35,190, net sales of $550,000, and average total assets of $690,000. Its return on total assets is:

Multiple Choice

a. 79.7%

b. 2.3%

c. 6.4%

d. 5.1%

e. 19.6%

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