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Darsden Corporation's net income last year was $800,000; its average assets were $4,000,000; its interest expense was $200,000; and its tax rate was 30%. What
Darsden Corporation's net income last year was $800,000; its average assets were $4,000,000; its interest expense was $200,000; and its tax rate was 30%. What was the company's return on total assets? Multiple Choice 23.5% 25% 16.5% 30%
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