Amadeus, Inc. has net sales of $960,000, net income of $76,000, average current assets of $42,000, average fixed assets of $167,000, and average total assets of $207,000. What is Amadeus Inc.'s return on assets? (Round your final answer to the nearest percentage.)
A) 46%
B) 181%
C) 8%
D) 37%
D) 37%
Explanation: net income/average total assets; ex: $76,000 / $207,000 = 37%
Business
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