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Blaise Corporation Has Profit of $187,000, Net Sales of $1,496,000

Question 24

Multiple Choice

Blaise Corporation has profit of $187,000, net sales of $1,496,000 and average total assets of $1,040,000. Its return on total assets was:

A) 12.5%.
B) 556.1%.
C) 144.0%.
D) 18.0%.
E) 69.5%.

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