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Net income 294120 interest expense 51900 average total

Question - A company reports the following income statement and balance sheet information for the current year: Net income $294,120 Interest expense 51,900 Average total assets 4,380,000. Determine the return on total assets. If required, round the percentage to one decimal place.

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Accounting Basics: Net income 294120 interest expense 51900 average total

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