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Ratios: Cash Return on Assets
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Ratios: Cash Return on Assets
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14. Financial Statement Analysis / Ratios: Cash Return on Assets / Problem 6
Problem 6
If a company has a beginning asset balance of \$500,000 and an ending asset balance of \$700,000, what is the average total assets?
A
\$700,000
B
\$1,000,000
C
\$1,200,000
D
\$600,000
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