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    College Accounting Study Set 1
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    Exam 22: Analyzing Financial Statements
  5. Question
    When Net Income Before Taxes and Interest Is $52,000 and Total
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When Net Income Before Taxes and Interest Is $52,000 and Total

Question 16

Question 16

True/False

When net income before taxes and interest is $52,000 and total assets equal $205,000,the rate of return on total assets is 25.4%.

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