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Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381 Exercise 14
Flanders Company's operating income for the current year was $475,000.he company's average total assets for the same period were $3,500,000, and its total liabilities were $1,000,000.alculate the company's return on assets.
Explanation
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Return on assets is a efficiency ratio t...
Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
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