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9 (5 points) Sales for the year = $296,024, Net Income for the year = $22,965, and average Assets during the year = $163,628. Return

9 (5 points) Sales for the year = $296,024, Net Income for the year = $22,965, and average Assets during the year = $163,628. Return on Assets (ROA) for the year is: There is not enough information to calculate ROA 14.0% O 55.3% None of these are correct 7.8%

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