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Question
Dawson Electronic Services had revenues of $80,000 and expenses of $50,000 for the year. Its assets at the beginning of the year were $400,000. At the end of the year assets were worth $450,000. Calculate its return on assets.A.7.1%
B.7.5%
C.6.7%
D.20.0%
E.18.8%
Answer
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