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Co. A Co. B Co. C Co. D Average Assets $1,000,000 $1,500,000 $2,000,000 $3,000,000 Liabilities 300,000 800,000 1,400,000 2,400,000 Net Income 50,000 60,000 90,000 130,000
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| Co. A | Co. B | Co. C | Co. D |
| Average Assets | $1,000,000 | $1,500,000 | $2,000,000 | $3,000,000 |
| Liabilities | 300,000 | 800,000 | 1,400,000 | 2,400,000 |
| Net Income | 50,000 | 60,000 | 90,000 | 130,000 |
Which company had the highest return on its investment?
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Principles Of Financial Auditing
Authors: Athmane Mokhbi
1st Edition
B09LGTJJFG, 979-8763532265
