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My answers were wrong Gable Exploration Company reported these figures for 2018 and 2017 (Click the icon to view the figures.) Compute the rate of
My answers were wrong
Gable Exploration Company reported these figures for 2018 and 2017 (Click the icon to view the figures.) Compute the rate of retum on total assets for 2018. (Round to two decimals.) Select the formula, then enter the amounts to compute the rate of return on total assets for 2018. (Enter the rate of return as a percent rounded to two decimal places, X.XX%.) Net income+Interest expenseAverage total assetsRate of return on total assets 20,000,000+ 14500000) 322000000 10.71 Data Table Income Statement partial: 2018 2017 Interest Expense Net Income 14,500.000 S 14.200,000 0,00000022.200000 Dec. 31, 2018 Dec. 31,2017 Balance Sheet-partial: Total Assets 322,000,000 S 320,000,000 Print DoneStep by Step Solution
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