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Torn&Dick made $25.000 operating income in year 2006, After paying interest and taxes, their net income was $5,000. The total assets employed were $75,000 Equity
Torn&Dick made $25.000 operating income in year 2006, After paying interest and taxes, their net income was $5,000. The total assets employed were $75,000 Equity at the end of the year was $20,000. Tom&Dick's return on assets ratio was a) 125.00% 5) 33 33%
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