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Total assets at the end of last year were $315,000 and net income after taxes was $22,750. What was the return on total assets? Select

Total assets at the end of last year were $315,000 and net income after taxes was $22,750. What was the return on total assets? Select one: A. 7.22% B. 7.58% C. 7.96% D. 8.36% E. 8.78%

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