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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 Interest expense Average
Return on total assets A company reports the following income statement and balance sheet information for the current year: Net income Interest expense Average total assets $588,930 103,930 6,860,000 Determine the return on total assets. If required, round the answer to one decimal place. %
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Accounting
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
28th Edition
1337902683, 978-1337902687
