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QUESTION

Selected current year company information follows:

Selected current year company information follows: Net income $15,953$ 712,855Total liabilities, start of year $83,932Total liabilities, end of year $103,201Total stockholders' equity, beginning-year $198,935Total stockholders equity, end of year $121,851Return on total assets is a. 2.24%b. 2.81%c. 3.64%d. 4.67%e. 6.28%

Return on Total AssetsReturn on Total Assets is given by= (Net Income + Interest Expense + Taxes) / Average Total Net Assets= (15,953+0+0)/ ((83,932+198,935) + (103,201+121,851))/2=...
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