Question 11 of 13 - Ch10 HW

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Chemistry

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Nov 24, 2024

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View Policies Show Attempt History Your Answer Correct Answer Your answer is correct. At the beginning of 2025, Marigold Company reported total assets of $904000, At the end of the year, total assets were $1100000, net sales were $1090000, and net income was $193000. The return on assets for Marigold in 2025 is 17.5%. 19.3%. 16.4%. 21.3%. $193000 ÷ [($904000 + $1100000) ÷ 2] = 19.3% eTextbook and Media Solution Attempts: 1 of 3 used
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