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Question 38 4 pts Murray Company provides the following financial information: Income from operations $200,000 Interest expense 50,000 Gains/losses) on sale of equipment 3,000 Net
Question 38 4 pts Murray Company provides the following financial information: Income from operations $200,000 Interest expense 50,000 Gains/losses) on sale of equipment 3,000 Net income 147,000 Total assets at Jan. 1 2,800,000 Total assets at Dec 31 3,200,000 Calculate return on investment based on the information given above. (Round your answer to two decimal places.) @ 4.90% 7.14% 6,67% 6.25%
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