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Harmony Inc

question 91

Essay

Harmony Inc.had net income of $225,300 in Year 1 and $320,900 in Year 2.The company had average total assets of $1,230,000 in Year 1 and $1,550,000 in Year 2.Calculate the return on total assets for Year 1 and Year 2.Comment on the results.


Definitions:

Motor Development

The process of change in physical movement capabilities, ranging from simple reflexes in infancy to complex motor skills in adulthood.

Environmental Factors

External elements like climate, geography, and pollution, which can influence living organisms and their development.

Genetic Code

The set of rules by which information encoded in genetic material (DNA or RNA sequences) is translated into proteins by living cells.

Sequence

A specific order in which related events, movements, or things follow each other.

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