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Chou Cohas a Net Income of $43,000,assets at the Beginning of of the Year

Question 120

Multiple Choice

Chou Co.has a net income of $43,000,assets at the beginning of the year are $250,000 and assets at the end of the year are $300,000.Compute its return on assets.


A) 8.4%
B) 17.2%
C) 14.3%
D) 15.6%
E) 1.5%

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