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    Financial Accounting Information for Decisions Study Set 3
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    Exam 1: Introducing Financial Statements
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    Rushing Had Income of $144 Million and Average Invested Assets
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Rushing Had Income of $144 Million and Average Invested Assets

Question 238

Question 238

Multiple Choice

Rushing had income of $144 million and average invested assets of $1,800 million.Its return on assets is:


A) 8.0%.
B) 80%.
C) 12%.
D) 120%.
E) 16.7%.

Correct Answer:

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