Mozart, Inc. has net sales of $1,000,000, net income of $68,000, average current assets of $39,000, average fixed assets of $167,000, and average total assets of $207,000. Mozart, Inc.'s return on assets is: (Round your final answer to the nearest percentage.)
A) 41%.
B) 174%.
C) 7%.
D) 33%.
Correct Answer:
Verified
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