1.Chou Co. has a net income of $54,000, assets at the beginning of the year are $261,000 and assets at the end of the year are $311,000. Compute its return on assets.

2.Dawson Electronic Services had revenues of $116,000 and expenses of $68,000 for the year. Its assets at the beginning of the year were $418,000. At the end of the year assets were worth $468,000. Calculate its return on assets.