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    College Accounting Study Set 1
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    Exam 22: Analyzing Financial Statements
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    If the Return on Sales Is 11% and the Total
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If the Return on Sales Is 11% and the Total

Question 55

Question 55

True/False

If the return on sales is 11% and the total assets turnover is 1.8,the rate of return on total assets would be 19.8%.

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