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    Managerial Accounting Study Set 23
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    Exam 16: Financial Statement Analysis
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    Jester Corporation's Most Recent Income Statement Appears Below: the Beginning
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Jester Corporation's Most Recent Income Statement Appears Below: the Beginning

Question 137

Question 137

Multiple Choice

Jester Corporation's most recent income statement appears below: Jester Corporation's most recent income statement appears below:   The beginning balance of total assets was $230,000 and the ending balance was $223,000. The return on total assets is closest to: A)  27.2% B)  38.9% C)  30.5% D)  21.3% The beginning balance of total assets was $230,000 and the ending balance was $223,000. The return on total assets is closest to:


A) 27.2%
B) 38.9%
C) 30.5%
D) 21.3%

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