The rate of return on assets

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For 2014, Hammer Company reports beginning of the year total assets of $900,000, end of the year total assets of $1,100,000, net sales of $750,000, and net income of $150,000. The rate of return on assets for Hammer in 2014 is Select one: a. 12.0%. b. 13.6%. c. 15.0%. d. 16.7%.

Reference no: EM131215789

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