Industrial Medical Supply has net sales of $1,200,000,net income of $85,000,average current assets of $53,000,average fixed assets of $184,000,and average total assets of $237,000.Industrial Medical Supply's return on assets is:
A) 35.9%.
B) 7) 1%.
C) 46.2%.
D) 160.4%.
Correct Answer:
Verified
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