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A company had net income of $ 3 5 0 , 0 0 0 in Year 1 and $ 5 1 9 , 0 0

A company had net income of $350,000 in Year 1 and $519,000 in Year 2. The company had
average total assets of $2,500,000 in Year 1 and $3,000,000 in Year 2. Calculate the return on
total assets for Year 1 and Year 2. Did the company's performance improve? Explain.
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