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Selected current year company information follows: Net income Net sales Total liabilities, beginning-year Total liabilities, end-of-year Total stockholders' equity, beginning-year. Total stockholders' equity, end-of-year $15,953 712,855 83,932 103,201 198,935 121,851 ... The return on total assets is: A) 3.64% B) 4.67% c) 2.81% D 6.28%

Selected current year company information follows: Net income Net sales Total liabilities, beginning-year Total liabilities, end-of-year Total stockholders' equity, beginning-year. Total stockholders' equity, end-of-year $15,953 712,855 83,932 103,201 198,935 121,851 ... The return on total assets is: A) 3.64% B) 4.67% c) 2.81% D 6.28%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Selected current year company information follows: Net income Net sales Total liabilities, beginning-year Total liabilities, end-of-year Total stockholders' equity, beginning-year. Total stockholders' equity, end-of-year $15,953 712,855 83,932 103,201 198,935 121,851 ... The return on total assets is: A) 3.64% B) 4.67% c) 2.81% D 6.28%
Transcribed Image Text:Selected current year company information follows: Net income Net sales Total liabilities, beginning-year Total liabilities, end-of-year Total stockholders' equity, beginning-year. Total stockholders' equity, end-of-year $15,953 712,855 83,932 103,201 198,935 121,851 ... The return on total assets is: A) 3.64% B) 4.67% c) 2.81% D 6.28%
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