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The following information was drawn from the accounting records of Jones Company. (Round the percentage to 1 decimal place.) Net sales $ 321,951 Net income
The following information was drawn from the accounting records of Jones Company. (Round the percentage to 1 decimal place.) Net sales $ 321,951 Net income 66,000 Average total assets 580,000 Average total liabilities 380,000 Average total stockholders' equity 240,000 Based on this information, the company's return on investment (also known as return on assets) is Multiple Choice The answer cannot be determined from the information provided. 26.4%. 20.5%. 11.4%
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