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    Exam 8: Analysis and Interpretation of Financial Statements
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    A Firm Has Total Assets of $800,000 and Total Liabilities
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A Firm Has Total Assets of $800,000 and Total Liabilities

Question 58

Question 58

Multiple Choice

A firm has total assets of $800,000 and total liabilities of $200,000. If profit after tax and interest is $150,000, the return on shareholders' funds is:


A) 25%.
B) 8%.
C) 12.5%.
D) 9%.

Correct Answer:

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