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Return on total assets; a company reports the following income statement and balance sheet information for the current year: net income $178,320 interest expense $31,470

Return on total assets; a company reports the following income statement and balance sheet information for the current year: net income $178,320 interest expense $31,470 average total assets $3,330,000. A. Determine the return of total assets. B. Determine the companys price-earnings ratio

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