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Business, 16.07.2020 21:01 gabrieljerron

Flitter reported net income of $26,500 for the past year. At the beginning of the year the company had $218,000 in assets and $68,000 in liabilities. By the end of the year, assets had increased to $318,000 and liabilities were $93,000. Calculate its return on assets:

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Flitter reported net income of $26,500 for the past year. At the beginning of the year the company h...
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