Moon Shoe Factory is an investment center and is responsible for all, Accounting Basics

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Moon Shoe Factory is an investment center and is responsible for all

Moon Shoe Factory is an investment center and is responsible for all of their net income and the use of their assets. In 2012, the invested assets totaled $475,000 and net income was $115,000. What is the rate of return on assets?

A.24.2%

B.25.0%

C.4.0%

D.413.0%

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Accounting Basics: Moon Shoe Factory is an investment center and is responsible for all

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Accounting Basics: Moon Shoe Factory is an investment center and is responsible for all

Reference No:- TGS085557

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Recent Questions Asked Accounting Basics

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Accounting Basics: Moon Shoe Factory is an investment center and is responsible for all

Reference No:- TGS085557

Recent Questions Asked Accounting Basics

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Q : Moon Shoe Factory is an investment center and is responsible for all

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Q : Accounts receivable and allowance for doubtful account

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