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GREYUIT [131]
3 years ago
14

If net income is $115,000 and interest expense is $30,000 for 2012 what is the rate earned on total assets for 2012 (round perce

nt to one decimal point)?
Mathematics
1 answer:
Mazyrski [523]3 years ago
5 0
Its (115,000 - 30,000) / 115,000 = 73.9%
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