Question: Use the following comparative information and compute the return on total assets ratio for 202x (round to two decimal places): Accounts 20x8 20x9 202x Net

Use the following comparative information and compute the return on total assets ratio for 202x (round to two decimal places):

Accounts 20x8 20x9 202x

Net income $105,000 $127,000 $143,000

Total assets $305,000 $310,000 $312,000

Group of answer choices 45.98%. 52.36%. 48.25%. 29.25%.

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