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1 . Brown Corp made $ 5 0 0 , 0 0 0 net sales in 2 0 2 0 . The cost of goods

1. Brown Corp made $500,000 net sales in 2020. The cost of goods sold and total operating expenses incurred during the year was $350,000. At the beginning of 2020, Brown had $800,000 total assets and at the end of the year, Brown had $740,000 total assets. Calculate Browns 2020 ROA.

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