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What is the return on assets

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Question - A fire has destroyed a large percentage of the financial records of the Fenton Company. Yon have the task of piecing together information in order to release a financial report. You have found the return on equity to be 17 percent. Sales were $1,950,000, the total debt ratio was .60, and total debt was $750.000. What is the return on assets?

Reference no: EM132731319

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