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Problem

Answer in one paragraph for each of the statement.

What is the return on investments if a person invested $500 and made, after all costs and taxes, $150 after one year.

(a) Was this a good investment ?

(b) The income statement focuses on "winning" financially in a business, but there are other ways of winning besides financially.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92797041

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