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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Need help with this question solution general accounting

Hughes, Inc. provided the following financial information:
Earnings before interest and taxes: $42,000
Net income: $22,000
Return on Total Assets: 5.90%
Calculate the number of total assets. (Round final answer to the
nearest whole dollar, e.g., $123.)
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Transcribed Image Text:Hughes, Inc. provided the following financial information: Earnings before interest and taxes: $42,000 Net income: $22,000 Return on Total Assets: 5.90% Calculate the number of total assets. (Round final answer to the nearest whole dollar, e.g., $123.)
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Managerial Accounting: The Cornerstone of Busines...
Accounting
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Cengage Learning