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A company reports the following income statement and balance sheet information for the current year: Net income Interest expense $585,660 103,350 Average total assets 5,790,000

A company reports the following income statement and balance sheet information for the current year: Net income Interest expense $585,660 103,350 Average total assets 5,790,000 Determine the return on total assets. If required, round the answer to one decimal place. %

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