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Selected information for the current year of Egg Inc. follows: Net Sales $500,000; Cost of good sold $200,000; Depreciation Expense $30,000; Total assets at
Selected information for the current year of Egg Inc. follows: Net Sales $500,000; Cost of good sold $200,000; Depreciation Expense $30,000; Total assets at the beginning of the year $80,000 and at the end of the year is $100,000. Gross Profit $300,000; Net Income $40,000. What is Egg's return on assets? Select one: O a. $5.55 O b. $.44 O c. $3.00 O d. $3.33 Packers Inc. return on assets is $3.05. Browns Company's return on assets is $4.50. The management of which company is using its assets more efficiently? Select one: O Browns Packers Panthers:
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