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    Exam 15: Investments and International Operations
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    A Company's Return on Total Assets Equals 30
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A Company's Return on Total Assets Equals 30

Question 54

Question 54

Multiple Choice

A company's return on total assets equals 30%.If net income and net sales are $900,000 and $8,900,000 respectively,what is the amount of total assets?


A) $2,670,000
B) $270,000
C) $29,666,667
D) $3,000,000
E) $2,940,000

Correct Answer:

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