Calculate the return on assets for a gun shop that has total assets of $410,000,...
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Accounting
Calculate the return on assets for a gun shop that has total assets of $410,000, current assets of $74,000, total liabilities of $280,000, accounts receivable of $12,000, net sales of $64,000, and operating profit margin of $30,000.
18.3 percent
8.2 percent
7.3 percent
25.0 percent
26.5 percent
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