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A company reports the following income statement and balance sheet information for the current year: Net income $148,410 Interest expense 26,190 Average total assets 2,910,000

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A company reports the following income statement and balance sheet information for the current year: Net income $148,410 Interest expense 26,190 Average total assets 2,910,000 Determine the return on total assets. If required, round the percentage to one decimal place. %

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