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What is the return on assets for a firm that has a gross profit of $1.2 million, an operating profit of $550 000, a net
What is the return on assets for a firm that has a gross profit of $1.2 million, an operating profit of $550 000, a net profit of $200 000, shortterm assets of $1 million, and longterm assets of $5 million? Question content area bottom Part 1 A. 9.2 percent B. 3.3 percent C. 4 percent D. 20 percent
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