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Q6. Zernoni Company's net income last year was $225,000 and its interest expense was $30,000. Total assets at the beginning of the year were $1,950,000
Q6. Zernoni Company's net income last year was $225,000 and its interest expense was $30,000. Total assets at the beginning of the year were $1,950,000 and total assets at the end of the year were $1,830,000. The company's income tax rate was 30%. What was the company's return on total assets for the year?
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