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What is the rate earned on total assets for this company

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-The following information pertains to Newman Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit.

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What is the rate earned on total assets for this company?


a. 6.8%


b. 8.1%


c. 16.1%


d. 10.5%

 

Which of the following is required by the Sarbanes-Oxley Act of 2002?


a. A report on internal control.


b. A vertical analysis.


c. A price-earnings ratio.


d. A common-sized statement.

 

 

Reference no: EM13343386

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