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Problem 3 - 2 6 ( Static ) Return on assets analysis [ LO 3 - 2 ] In January 2 0 0 9 ,
Problem Static Return on assets analysis LO
In January the Status Quo Company was formed. Total assets were $ of which $ consisted of depreciable fixed assets. Status Quo uses straightline depreciation of $ per year, and in it estimated its fixed assets to have useful lives of years. Aftertax income has been $ per year for each of the last years. Other assets have not changed since
a Compute return on assets at yearend for and
Note: Input your answers as a percent rounded to decimal places.
tableYearReturn on Assets,
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