Ochoa Optical, Inc., provides a full line of designer eyewear to optical dispensaries. Ochoa reported the following

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Ochoa Optical, Inc., provides a full line of designer eyewear to optical dispensaries. Ochoa reported the following information for 2012 and 2013:

Compute return on assets for 2012 and2013.

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Financial accounting

ISBN: 978-0132751124

9th edition

Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom

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Question Posted: Apr 22, 2013 01:22 AM

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Ochoa Optical, Inc., provides a full line of designer eyewear to optical dispensaries. Ochoa reported the following

Question:

2013 2012 Sales revenue...$500,000 $450,000 Net income.... Average total assets 45,000 42,500 $250,000 $240,000

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2012 Return on assets Net inco...View the full answer

Financial accounting

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