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3. Griffey Junior Wear, Inc. has $800,000 in assets and $200,000 of debt. It reports net income of $100,000. a. Calculate the return on assets.

3. Griffey Junior Wear, Inc. has $800,000 in assets and $200,000 of debt. It reports net income of $100,000. a. Calculate the return on assets. b. Calculate the return on stockholders' equity

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