FastForward Has Net Income of $18,955 and Assets at the Beginning

question 95

Multiple Choice

FastForward has net income of $18,955 and assets at the beginning of the year of $200,000.Its assets at the end of the year total $246,000.Compute its return on assets.

• A)7.7%
• B)8.5%
• C)9.5%
• D)11.8%
• E)13.0%

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