Question: For 2 0 1 2 , Hoyle Company reports beginning of the year total assets of $ 9 0 0 , 0 0 0 ,

For 2012, Hoyle Company reports beginning of the year total assets of $900,000, end of the year total assets of $1,100,000, net sales of $750,000, and net income of $150,000.
The rate of return on assets for Hoyle in 2012 is
Question 21 options:
16.7%.
15.0%.
13.6%.
12.0%.

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