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bernie2981 bernie2981
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Posts: 3810
8 years ago
What are the total assets reported by Sparrow Enterprises if operating income is $650,000, its return on investment (ROI) is 40%, and its target rate of return is 10%?
A) $6,500,000
B) $260,000
C) $1,625,000
D) $650,000
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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8 years ago
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bernie2981 Author
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8 years ago
Just got PERFECT on my quiz
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Thank you, thank you, thank you!
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