Multiple Choice
Harris Co. has a net income of $43,000, assets at the beginning of the year are $250,000 and assets at the end of the year are $300,000. Compute its return on assets.
A) 8.4%
B) 17.2%
C) 14.3%
D) 15.6%
E) 1.5%
Correct Answer:
Verified
Correct Answer:
Verified
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