Marigold Corp. owns the following assets: Asset Cost Salvage Estimated Useful Life A $418000 $43000 10 years B 229000 22500 5 years C 491000 23000 12 years What is the composite depreciation rate of Marigold's assets? 14.1% 10.4% 13.0% 11.2% Testbank Multiple Choice Question 110 In 2020, Vaughn Manufacturing reported net income of $5.2 billion, net sales of $180 billion, and average total assets of $75 billion. What is Vaughn Manufacturing's return on assets? 22.3% 14.4% 6.9% 19.4% Testbank Multiple Choice Question 119 On April 1, 2019, Bonita Industries purchased new machinery for $471000. The machinery has an estimated useful life of five years, and depreciation is computed by the sum-of-the-years'-digits method. The accumulated depreciation on this machinery at March 31, 2021, should be $282600. $157000. $314000. $188400. One Show Work