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Calculate cold company''s return on assets

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Reference no: EM133158526

Question - The following data pertains to Cold Company for the year ended December 31, 2019.

Net Sales $69,000

Net Income $10,350

Total Assets (January 1, 2019) $257,000

Total Assets (December 31, 2019) $252,000

Required - Calculate Cold Company's return on assets for 2019.

Reference no: EM133158526

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