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please solve the following question Q. Parkinson Company provides the following financial data: Income from operations $200,000 Interest expense $45,000 Gains/losses) on sale of equipment
please solve the following question
Q. Parkinson Company provides the following financial data: Income from operations $200,000 Interest expense $45,000 Gains/losses) on sale of equipment ($2,500) Net income $152,500 Total assets at Jan $2,600,000 Total assets at Dec 31 $3,200.000 How much is the return on investment Step by Step Solution
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