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  • 20.the Return On Total Assets For Year 2 Is Closest To: A) 5.00% B) 6.55% C) 6.53% D) 4.98%

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    Minas Syd
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    Net income for Year 2 was $6,550 on total assets of $100,000. The return on total assets is calculated as net income divided by total assets, which is closest to 6.55%.

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    FM3

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    Net income for Year 2 was $6,550 on total assets of $100,000. The return on total assets is calculated as net income divided by total assets, which is closest to 6.55%.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    7 views1 page

    20.the Return On Total Assets For Year 2 Is Closest To: A) 5.00% B) 6.55% C) 6.53% D) 4.98%

    Uploaded by

    Minas Syd
    Net income for Year 2 was $6,550 on total assets of $100,000. The return on total assets is calculated as net income divided by total assets, which is closest to 6.55%.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    20.

    The return on total assets for Year 2 is closest to:


    A) 5.00%
    B) 6.55%
    C) 6.53%
    D) 4.98%

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