Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN: 9781337115773
Author: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher: Cengage Learning
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General Accounting

Canberry Corporation had net income of
$116,000, beginning total assets of $856,000 and
ending total assets of $760,000. Its return on
total assets is?
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Transcribed Image Text:Canberry Corporation had net income of $116,000, beginning total assets of $856,000 and ending total assets of $760,000. Its return on total assets is?
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