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A company has net income of $268,000 and total assets of $2,576,000. What is the ROA? Provide Answer

A company has net income of $268,000 and total assets of $2,576,000. What is the ROA? Provide Answer

College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter1: Asset, Liability, Owner’s Equity, Revenue, And Expense Accounts
Section: Chapter Questions
Problem 1E
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A company has net income of $268,000 and total assets of $2,576,000. What is the ROA? Provide Answer

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