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What Is Jane's Rate of Return on Total Assets If

Question 67

Multiple Choice

What is Jane's rate of return on total assets if total assets are $135,000, net income is $2,700, interest expense is $1,800, and income tax is $3,000? (Round your answer two decimal places, X.XX%.)


A) 2.00%
B) 5.56%
C) 4.22%
D) 3.33%

Correct Answer:

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