At the end of 20X3, Anderson Corporation reported a return on assets of 16%; net income of $42,000; total assets of $365,000, and total liabilities of $165,000. The financial leverage percent was ___________.

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The Answer of At the end of 20X3, Anderson Corporation reported a return on assets of 16%; net income of $42,000; total assets of $365,000, and total liabilities of $165,000. The financial leverage percent was ___________.

At the End of 20X3, Anderson Corporation Reported a Return