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Get It Company wants to determine how well it is using its assets to generate profits. It knows that its net income for the year
Get It Company wants to determine how well it is using its assets to generate profits. It knows that its net income for the year was $20,000. It also had $16,000 of cash, $70,000 of inventory, land and buildings valued at $250,000, $50,000 of accounts receivable, and goodwill valued at $20,000. It also had stockholders' equity of $40,000. Multiple Choice O 4.69% O 4.92% O O 4.49% O 5.18% O O 5.46%
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