M.A.D. Company reported the following information at the end of each year: Compute return on assets for
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Compute return on assets for 2010, 2011, and 2012. What do the results suggest about M.A.D.Company?
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Year 2009 2010 2011 2012 Net Income $150,500 196,000 200,000 211,500 Total Assets $54,000 70,000 130,000 143,000
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2010 2011 2012 Net income 196000 200000 211500 Avera...View the full answer
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