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Use This Balance Sheet and Income Statement to Answer the Following

Question 147

Multiple Choice

Use this balance sheet and income statement to answer the following question. Use ending balances whenever average balances are required for computing ratios. Use this balance sheet and income statement to answer the following question. Use ending balances whenever average balances are required for computing ratios. The return on assets for Abner Systems is A) 30 percent. B) 150 percent. C) 33-1/3 percent. D) 24 percent. Use this balance sheet and income statement to answer the following question. Use ending balances whenever average balances are required for computing ratios. The return on assets for Abner Systems is A) 30 percent. B) 150 percent. C) 33-1/3 percent. D) 24 percent. The return on assets for Abner Systems is


A) 30 percent.
B) 150 percent.
C) 33-1/3 percent.
D) 24 percent.

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