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Question 8 Lake Coffee Company reported net income of $54,000 and net sales totals $800,000. The company's asset turnover is 4.5 times. What was the

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Question 8 Lake Coffee Company reported net income of $54,000 and net sales totals $800,000. The company's asset turnover is 4.5 times. What was the company's return on assets? 14.81% 30.38% O 6.75% O 3.29%

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