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A company reports the following income statement and balance sheet information for the current year: Net income $174,170 Interest expense 15,142 Average total assets 2,176,000

A company reports the following income statement and balance sheet information for the current year:

Net income $174,170
Interest expense 15,142
Average total assets 2,176,000

Determine the return on total assets. Round the percentage to one decimal place. fill in the blank 1 %

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