Question
Selected current year company information follows: Net income $ 16,853 Net sales 721,855 Total liabilities, beginning-year 92,932 Total liabilities, end-of-year 112,201 Total equity, beginning-year
Selected current year company information follows: Net income $ 16,853 Net sales 721,855 Total liabilities, beginning-year 92,932 Total liabilities, end-of-year 112,201 Total equity, beginning-year 207,935 Total equity, end-of-year 135,351 The return on total assets is:(Do not round intermediate calculations.)
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South Western Federal Taxation 2014 Comprehensive Volume
Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young
37th Edition
1285180925, 978-1285180922
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