In 2021, Ambrosia Corporation reported $100 million in sales, $18 million in net income, and average total

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In 2021, Ambrosia Corporation reported $100 million in sales, $18 million in net income, and average total assets of $200 million. What is Ambrosia’s return on assets in 2021?

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Financial Accounting

ISBN: 9780136899037

13th Edition

Authors: C. William Thomas, Wendy M Tietz

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Question Posted: Feb 18, 2023 01:26 AM

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In 2021, Ambrosia Corporation reported $100 million in sales, $18 million in net income, and average total

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Financial Accounting

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