Multiple Choice
A company has net income of $250,000, net sales of $2,000,000, and average total assets of $1,500,000. Its return on total assets equals:
A) 12.5%.
B) 13.3%.
C) 16.7%.
D) 75.0%.
E) 600.0%.
Correct Answer:
Verified
Correct Answer:
Verified
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