Martinakom

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Teaching Since: Jul 2017
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Category > Business & Finance Posted 14 Aug 2017 My Price 6.00

The following information is provided for Cullumber Company and Bramble Corp. (in $ millions) Cullumber Company Bramble Corp.

The following information is provided for Cullumber Company and Bramble Corp.:

(in $ millions)

Cullumber Company

Bramble Corp.

Net income 2017

  $145

  $415

Net sales 2017

1755

4610

Total assets 12/31/15

1025

2330

Total assets 12/31/16

1260

3000

Total assets 12/31/17

1150

4080

 

What is Bramble's return on assets (rounded) for 2017?

 

 

 

10.2%

 

11.4%

 

11.7%

 

13.8%

Answers

Martinakom
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Status NEW Posted 14 Aug 2017 03:08 PM My Price 6.00

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