Question
Zander Inc.'s total assets at the beginning of the year amount to $328,497,000, and its total assets at the end of the year amount to
Zander Inc.'s total assets at the beginning of the year amount to $328,497,000, and its total assets at the end of the year amount to $321,389,000. If its return on assets for the year is 20%, then its net income for the year is _____.
a.$129,977,200
b.$65,699,400
c.$64,988,600
d.$64,277,800
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Payroll Accounting 2017
Authors: Bernard J. Bieg, Judith Toland
27th edition
1305675126, 1305675124, 9781305888586, 1305888588, 978-1337734776
