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What is Coronado Industries return on assets

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Reference no: EM132605378

Question - In 2020, Coronado Industries reported net income of $5.5 billion, net sales of $180 billion, and average total assets of $65 billion. What is Coronado Industries's return on assets?

a. 11.8%

b. 8.5%

c. 16.5%

d. 19.6%

Reference no: EM132605378

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