Multiple Choice
Sander's Corner Market had annual sales of $426,000 and total assets of $345,000.What is the return on assets if the profit margin is 8 percent?
A) 8.23 percent
B) 9.88 percent
C) 10.62 percent
D) 11.01 percent
E) 12.87 percent
Correct Answer:
Verified
Correct Answer:
Verified
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