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QUESTION 6 Wagner Company's net income last year was $150,000 and its interest expense was $20,000. Total assets at the beginning of the year were

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QUESTION 6 Wagner Company's net income last year was $150,000 and its interest expense was $20,000. Total assets at the beginning of the year were $1,300,000 and total assets at the end of the year were $1,220,000 The company's income tax rae was 30%. The company's return on total assets for the year was doses, to o 11.9%. ? 124%. o 13.0% o 13.5%

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