Calculate the return on assets given the following information: common shares outstanding = 250,000; earning per share = $2.00; total assets = $2,000,000; total equity = $800,000.
A) 21%
B) 22%
C) 23%
D) 24%
E) 25%

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The Answer of Calculate the return on assets given the following information: common shares outstanding = 250,000; earning per share = $2.00; total assets = $2,000,000; total equity = $800,000.
A) 21%
B) 22%
C) 23%
D) 24%
E) 25%

Calculate the Return on Assets Given the Following Information: Common