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Selected current year company information follows: Net income= $15,953 Net sales= $712,855 Total Liabilities, beginning-of-year= $83,932 Total Liabilities, end-of-year= $103,201 Total stockholders' equity, beginning-of-year= $198,935
Selected current year company information follows: Net income= $15,953 Net sales= $712,855 Total Liabilities, beginning-of-year= $83,932 Total Liabilities, end-of-year= $103,201 Total stockholders' equity, beginning-of-year= $198,935 Total stockholders' equity, end-of-year= $121,851 The return on total assets is: A. 2.24% B. 2.81% C. 3.64% D. 4.67% E. 6.28%
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