Question
Flanders Company's operating income for the currect year was $475,000. The company's average total assets for the same period were $3,500,000, and its total liabilities
Flanders Company's operating income for the currect year was $475,000. The company's average total assets for the same period were $3,500,000, and its total liabilities were $1,000,000.
Calculate the company's return on assets.
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Cost Management Strategies For Business Decisions
Authors: Ronald Hilton, Michael Maher, Frank Selto
3rd Edition
0072830085, 978-0072830088
