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    Fundamental Accounting Principles Study Set 5
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    Exam 1: Accounting in Business
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    Reston Had Income of $150 Million and Average Invested Assets
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Reston Had Income of $150 Million and Average Invested Assets

Question 179

Question 179

Multiple Choice

Reston had income of $150 million and average invested assets of $1,800 million. Its return on assets is:


A) 8.3%.
B) 83.3%.
C) 12%.
D) 120%.
E) 16.7%.

Correct Answer:

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