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Calculate global cleaning? service return on assets for year

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Reference no: EM132983731

Problem A. Assume Global Cleaning Service had net income of $570 for the year. Global Cleaning?Service's beginning and ending total assets were $4,520 and $4,180?, respectively. Calculate Global Cleaning? Service's return on assets for the year. ?

Problem B. Assume that Global Cleaning Service performed cleaning services for a department store on account for? $180. How would this transaction affect Global Cleaning? Service's accounting? equation?

Problem C. Consider the overall effects on Global Cleaning Service from selling and performing services on account for $8,420 and paying expenses totaling $4,180. What is Global Cleaning? Service's net income or net? loss?

Reference no: EM132983731

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