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Testbank Multiple Choice Question 96 Blossom Company gives you the following inform pertaining to the year 2020. Net sales Cost of goods sold Current assets

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Testbank Multiple Choice Question 96 Blossom Company gives you the following inform pertaining to the year 2020. Net sales Cost of goods sold Current assets Current liabilities Average total assets Total liabilities Net income $851000 503000 487000 233000 1022000 547000 153300 The rate of return on assets Blossom Company is: 30.72% 83.27% 18.01%. 15.00% Click if you would like to Show Work for this question: Open Show Work

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