Question: Can you solve this general accounting problem with appropriate steps and explanations? The following infermation is provided for Blossom Company and Pina Corporation. (in $

Can you solve this general accounting problem with appropriate steps and explanations?

The following infermation is provided for Blossom Company and Pina Corporation. (in $ millions) Blossom Company $335 $1,740 $4,630 Net income 2022 Net sales 2022 Total assets 12/31/20 Total assets 12/31/21 Total assets 12/31/22 What is Pina's return on assets for 2022? a. 9.5% b. 8.3% c. 11.1% d. 12.3%

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