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    Financial Accounting Information for Decisions
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    Exam 1: Introducing Financial Accounting
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    Reebok Had Income of $150 Million and Average Assets of $1,800
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Reebok Had Income of $150 Million and Average Assets of $1,800

Question 120

Question 120

Multiple Choice

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


A) 8.33%
B) 83.3%
C) 12.0%
D) 120%
E) 16.7%

Correct Answer:

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