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In the most recent year, Becker Superstores LLC produced net income of $356,000 and earnings before interest and tax (EBIT) of $582,000. It had an
In the most recent year, Becker Superstores LLC produced net income of $356,000 and earnings before interest and tax (EBIT) of $582,000. It had an EBIT margin of 12.7%, an asset turnover of 0.94 times, and leverage of 3.20. Based on this information, Becker Superstores return on assets is closest to:
A. 7.3%
B. 19.5%
C. 23.4%
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