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Mimosa Inc. has total assets of $6,248,800 at the beginning of the year and $4,883,000 at the end of the year. If its net income
Mimosa Inc. has total assets of $6,248,800 at the beginning of the year and $4,883,000 at the end of the year. If its net income during the year is $450,000, what is Mimosa's return on assets for the year? (Round your answer to one decimal place.)
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Fraud examination
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
4th edition
538470844, 978-0538470841
