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    Exam 5: Communicating and Interpreting Accounting Information
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    Marino Company Has Provided the Following Information: Net Sales,$480,000
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Marino Company Has Provided the Following Information: Net Sales,$480,000

Question 82

Question 82

Multiple Choice

Marino Company has provided the following information: Net sales,$480,000
Net income,$24,000
Average total assets,$200,000
-
What is Marino's return on assets?


A) 240%
B) 12%
C) 5%
D) 42%

Correct Answer:

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