Multiple Choice
Calculate return on assets from the following information: Net income $1,800,000
Return on equity 25%
Current Assets $350,000
Land and building $250,000
Sales $1,500,000
A) 1:1
B) 3:2
C) 4:1
D) 2:2
E) 3:1
Correct Answer:
Verified
Correct Answer:
Verified
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