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Question
Smith's Corner Market had annual sales of $425,300 and total assets of $366,000. What is the return on assets if the profit margin is 11 percent?A. 8.2 percent
B. 9.8 percent
C. 10.6 percent
D. 11.0 percent
E. 12.8 percent
Answer
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Related questions
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Which one of the following statements regarding an original issue $25,000 GNMA bond is correct?
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