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The balance sheets at the end of each of the first two years of operations indicate the following: If net income is $145,000 and interest

The balance sheets at the end of each of the first two years of operations indicate the following:

image text in transcribed If net income is $145,000 and interest expense is $30,000 for Year 2, what is the return on total assets for Year 2 ? a. 10.9% b. 12.0% c. 10.0% d. 88.0%

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