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  3. the records of marshall company include the follow

The records of Marshall Company include the following: Average total assets $4,300,000 Average total liabilities...

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Accounting

The records of Marshall Company include the following:

Average total assets $4,300,000

Average total liabilities 2,020,000

Total revenue 4,280,000

Total expense (including income tax) 3,940,000

Interest expense (included in total expenses) 106,000

Income tax rate 35%

The return on equity is closest to:

A 5.4%.

B 14.9%.

C 16.8%.

D 7.9%.

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