If a company has long-term assets of $3,800,000, total assets of $4,100,000, sales of $5,800,000, cost of

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If a company has long-term assets of $3,800,000, total assets of $4,100,000, sales of $5,800,000, cost of goods sold of $4,300,000, and net income of $460,000.

What is the return on assets ratio?

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Financial Accounting: A Business Process Approach

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3rd edition

Authors: Jane L. Reimers

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Posted Date: Apr 22, 2024 06:05 AM

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If a company has long-term assets of $3,800,000, total assets of $4,100,000, sales of $5,800,000, cost of

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The return on assets ratio is calculated by dividing the net ... View the full answer

Financial Accounting: A Business Process Approach

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