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The Net Income of a Company Is $175,000

Question 47

Multiple Choice

The net income of a company is $175,000. The average book value of the company's assets is $1,300,000. The return on total assets would be:


A) 0.2000.
B) 0.0743.
C) 6.0000.
D) 0.1346.

Correct Answer:

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