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A company reports the following income statement and balance sheet information for the current year: Net income Interest expense Average total assets $175,410 30,950
A company reports the following income statement and balance sheet information for the current year: Net income Interest expense Average total assets $175,410 30,950 2,680,000 Determine the return on total assets. If required, round the answer to one decimal place. 18.6 X % Feedback Check My Work Divide the sum of net income and interest expense by average total assets.
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