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Other Fields Homework Help Accounting Topic started by: merrisara on Feb 5, 2023



Title: XYZ Corporation reported net income of $75,700 last year. The company incurred interest expense of ...
Post by: merrisara on Feb 5, 2023
XYZ Corporation reported net income of $75,700 last year. The company incurred interest expense of $5,000. Assets on January 1st were $640,000 and on December 31st, had increased by $40,000. The income tax rate was 30%. What is XYZ's return on total assets?


Title: XYZ Corporation reported net income of $75,700 last year. The company incurred interest expense of ...
Post by: nursethomas on Feb 5, 2023
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