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D Question 10 2 pts In 2020, Sunland Company reported net income of $5.3 billion, net sales of $185 billion, and average total assets
D Question 10 2 pts In 2020, Sunland Company reported net income of $5.3 billion, net sales of $185 billion, and average total assets of $85 billion. What is Sunland Company's return on assets? 6.2% 24.4% 16.0% 21.5% Question 11 2 pts Northstar Co. acquired a registered trademark for $600,000. The trademark has a remaining legal life of five years but can be renewed every 10 years for a nominal fee. Northstar expects to renew the trademark indefinitely. What amount of amortization expense should Northstar record for the trademark in the current year? $120,000 $40,000 $0
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