The records of marshall


The records of Marshall Company include the following:

Average total assets

$3,500,000

Average total liabilities

1,220,000

Total revenue

4,580,000

Total expense (including income tax)

4,100,000

Interest expense (included in total expenses)

90,000

Income tax rate 40%





The return on assets is (round to the nearest tenth of a percent)?

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Accounting Basics: The records of marshall
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