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The following information pertains to Baltic Company Total assets Total current liabilities Total expenses Total liabilities Total revenues $400,000 80,000 480,000 120,000 640,000 If invested
The following information pertains to Baltic Company Total assets Total current liabilities Total expenses Total liabilities Total revenues $400,000 80,000 480,000 120,000 640,000 If invested capital is defined as stockholders' equity, the return on investment is A. 57 percent. O B. 175 percent O C. 229 percent. OD, 44 percent
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