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Smith Company earns a 12% return on assets. If net income is $720,000, average total assets must be: $86,400 $3,000,000 $6,086,400 $6,000,000

Smith Company earns a 12% return on assets. If net income is $720,000, average total assets must be:

$86,400

$3,000,000

$6,086,400

$6,000,000

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