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Beethoven Company has net sales of $1,250,000, net income of $93,750, average current assets of $65,000, average fixed assets of $235,000, and average total assets of $318,000. Beethoven Company's return on assets is

Beethoven Company has net sales of $1,250,000, net income of $93,750, average current assets of $65,000, average fixed assets of $235,000, and average total assets of $318,000. Beethoven Company's return on assets is

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...
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Calculate ROA general accounting question correct answer

Beethoven Company has net sales of $1,250,000, net income of $93,750, average current assets of $65,000, average fixed assets of $235,000, and average total assets of $318,000. Beethoven Company's return on assets is
Transcribed Image Text:Beethoven Company has net sales of $1,250,000, net income of $93,750, average current assets of $65,000, average fixed assets of $235,000, and average total assets of $318,000. Beethoven Company's return on assets is
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