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The balance sheet of Sound Designs reports total assets of $750,000 and $800.000 at the beginning and end of the year, respectively. Sales revenues are

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The balance sheet of Sound Designs reports total assets of $750,000 and $800.000 at the beginning and end of the year, respectively. Sales revenues are $1.5 million ($1.2 million in the previous year) net income is $150,000, and net cash flows from operating activities are $175,000. What is Sound Designs' cash return on assets? O 22.6%. O 19.4%. O 21.9%. 18.8% 5 pts

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