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Calculate return on investment

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Reference no: EM132074266

Question - Vatsala Company provides the following financial information:

Income from operations

$200,000

Interest expense

45,000

Gains/(losses) on sale of equipment

(2,500)

Net income

152,500

Total assets at Jan 1

2,600,000

Total assets at Dec 31

3,200,000

Calculate return on investment based on the information given above?

Reference no: EM132074266

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