Blaise Corporation Has Profit of $187,000, Net Sales of $1,496,000

question 24

Multiple Choice

Blaise Corporation has profit of $187,000, net sales of $1,496,000 and average total assets of $1,040,000. Its return on total assets was:

• A) 12.5%.
• B) 556.1%.
• C) 144.0%.
• D) 18.0%.
• E) 69.5%.

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