5. What is the net return on assets for a hotel that generated total revenue of $4,076,000 in 2006 based on total assets of $7,694,748? The property's net income was $298,300 with a GOP of $1,892,900.
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The following data are taken from the financial statements of Colby Company. 2017 2016 Accounts receivable (net), end of year $ 550,000 $ 540,000 Net sales on account 4,300,000 4,000,000 Terms for all sales are 1/10, n/45 Compute for each year the
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