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    Financial Accounting Information for Decisions
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    Exam 15: Investments and International Operations
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    A Company's Return on Total Assets Equals 28
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A Company's Return on Total Assets Equals 28

Question 19

Question 19

Multiple Choice

A company's return on total assets equals 28%.If total assets and net sales are $4,500,000 and $10,000,000 respectively,how much is net income?


A) $2,800,000
B) $4,060,000
C) $1,260,000
D) $14,500,000
E) $2,030,000

Correct Answer:

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