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Refer to the following selected financial Information from Shakley's Incorporated. Compute the company's return on total assets Net sales Cost of goods sold Interest expense
Refer to the following selected financial Information from Shakley's Incorporated. Compute the company's return on total assets Net sales Cost of goods sold Interest expense Net income before tax Net income after tax Total assets Total liabilities Total equity Year 2 Year 1 $ 487,000 $ 427,950 278,000 251,820 11,400 12,400 68,950 54,380 47,750 41,600 320,500 298, 200 172,900 169,000 147,600 129,200 Multiple Choice 22.3% a 2.8% 15. A 8 02:48:11 Multiple Choice O 22.3% 2.8%. O 15.4%. 14.9% 9.8%
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