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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 $582,560 Interest expense 102,800
Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $582,560 Interest expense 102,800 Average total assets 6,590,000 Determine the return on total assets. If required, round the answer to one decimal place
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Contemporary Auditing Issues And Cases
Authors: Michael Chris Knapp
3rd Edition
0538891173, 9780538891172
