The companys income tax rate was 30. what was the companys, Ask an Expert

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Braverman Company's net income last year was $75,000 and its interest expense was $10,000. Total assets at the beginning of the year were $650,000 and total assets at the end of the year were $610,000. The company's income tax rate was 30%. what was the company's return on total assets for the year ?

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Category:- Accounting Basics
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