Net income 125000 interest expense 25000 average total


Question - A company reports the following income statement and balance sheet information for the current year: Net income $ 125,000 Interest expense 25,000 Average total assets 2,000,000 Determine the rate earned on total assets.

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Accounting Basics: Net income 125000 interest expense 25000 average total
Reference No:- TGS02740703

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