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    Business
  3. Study Set
    Financial Accounting A User Perspective
  4. Exam
    Exam 2: Business Transaction Analysis and Financial Statement Effects
  5. Question
    The Return on Assets = Net Income ÷ Average Total
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The Return on Assets = Net Income ÷ Average Total

Question 45

Question 45

True/False

The return on assets = net income ÷ average total assets.

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