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Sara's Cake Company has started to do really well. Sara wants to see how much of a return she has now made on the company
Sara's Cake Company has started to do really well. Sara wants to see how much of a return she has now made on the company last year. Using the following information, calculate the return on investment. Total Revenue last year: $250,000 Assets Jan. 1st: $50,000 Assets Dec. 31st: $80,000 Liabilities Jan. 1st: $45,000 Liabilities Dec. 31st: $15,000 Total Expenses last year: $100,000 Question 12 options: 231% 500% 188% 385%
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