Jester Corporation's Most Recent Income Statement Appears Below: the Beginning

question 137

Multiple Choice

Jester Corporation's most recent income statement appears below: The beginning balance of total assets was $230,000 and the ending balance was $223,000. The return on total assets is closest to:

• A) 27.2%
• B) 38.9%
• C) 30.5%
• D) 21.3%

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