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What the company return on total assets for the year

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Question - Brachlan Company's net income last year was $80,000 and its interest expense was $20,000. Total assets at the beginning of the year were $660,000 and total assets at the end of the year were $620,000. The company's income tax rate was 30%. What the company return on total assets for the year?

Reference no: EM132919979

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