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Question 15 Prior year Account Current year $219,000 $180,000 Net sales $125.000 $110,000 Cost of Goods Sold $94,000 $70,000 Gross Pront $32.000 $30,000 Income from

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Question 15 Prior year Account Current year $219,000 $180,000 Net sales $125.000 $110,000 Cost of Goods Sold $94,000 $70,000 Gross Pront $32.000 $30,000 Income from operations $2.000 $7,000 Interest expense $25,000 $18,000 Net income Also known: Total assets in the prior year were $325,500, and in the current year are $345,500. What is the prior year's return on sales? 21.7% 14.6% 11.4% O 10.0%

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