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Business, 02.09.2020 04:01 allendm5166

The following data pertain to Cowl, Inc., for the year ended December 31, Year 4:Net sales $600,000Net income 150,000Total assets, January 1, Year 4 2,000,000Total assets, December 31, Year 4 3,000,000 What was Cowl's rate of return on assets for 20X4?
a. 6%.b. 20%.
c.5%.
d. 24%.

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The following data pertain to Cowl, Inc., for the year ended December 31, Year 4:Net sales $600,000N...
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