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The Following Information Pertains to Newman Company

Question 123

Multiple Choice

The following information pertains to Newman Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit.​​ The following information pertains to Newman Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit.​​ What is the return on total assets for this company? A) 8.1% B) 6.8% C) 10.5% D) 16.1% What is the return on total assets for this company?


A) 8.1%
B) 6.8%
C) 10.5%
D) 16.1%

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