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Mulberry Company paid dividends of $400 and retained 33.33% of their earnings. The sales for the year were $12,000 and total assets were $10,000. What

Mulberry Company paid dividends of $400 and retained 33.33% of their earnings. The sales for the year were $12,000 and total assets were $10,000. What was the return on assets (ROA)?

Question 11 options:

5%

6%

10%

12%

None of the above.

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