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What Are the Total Assets Reported by Panther Enterprises If

Question 77

Multiple Choice

What are the total assets reported by Panther Enterprises if operating income is $252,750, its return on investment (ROI) is 15%, and its target rate of return is 5%?


A) $37,912.5
B) $1,685,000
C) $5,055,000
D) $252,750

Correct Answer:

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