Dale Corporation has the following data: Dale's return on assets is a. (15 %) b. (12 %)
Question:
Dale Corporation has the following data:
Dale's return on assets is
a. \(15 \%\)
b. \(12 \%\)
c. \(10 \%\)
d. \(4 \%\)
Transcribed Image Text:
Net income $22,000 Average total assets $300,000 Interest expense 8,000 Average common equity 100,000 Preferred dividends 10,000
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