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    Intermediate Accounting Study Set 3
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    Exam 3: The Balance Sheet and Notes to the Financial Statements
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    The Following Data Were Taken from the Financial Statements of Howard
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The Following Data Were Taken from the Financial Statements of Howard

Question 37

Question 37

Multiple Choice

The following data were taken from the financial statements of Howard Corporation for the year ended December 31,2014:
The following data were taken from the financial statements of Howard Corporation for the year ended December 31,2014:   What was Howard's rate of return on assets for 2014? A) 5 percent B) 6 percent C) 20 percent D) 24 percent
What was Howard's rate of return on assets for 2014?


A) 5 percent
B) 6 percent
C) 20 percent
D) 24 percent

Correct Answer:

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