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Step Up Ladders Company provides the following financial information: Income from operations Interest expense Gains/(losses) on sale of equipment Net income Total assets at

 

Step Up Ladders Company provides the following financial information: Income from operations Interest expense Gains/(losses) on sale of equipment Net income Total assets at Jan. 1 Total assets at Dec .31 $200,000 48,000 2,600 149,400 2,800,000 3,300,000 Calculate return on investment based on the information given above.

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