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vanessavz vanessavz
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A year ago
Braverman Corporation's net income last year was $75,000 and its interest expense was $10,000. Total assets at the beginning of the year were $650,000 and total assets at the end of the year were $610,000. The corporation's income tax rate was 30%. The corporation's return on total assets for the year was closest to:

▸ 13.5%

▸ 12.4%

▸ 13.0%

▸ 11.9%
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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dreamnluvdreamnluv
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A year ago
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vanessavz Author
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A year ago
this is exactly what I needed
missnoname
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
sudenzia
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Just got PERFECT on my quiz
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