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A company reports the following income statement and balance sheet Information for the current year: Net income $389,260 Interest expense 68,690 Average total assets 3,550,000

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A company reports the following income statement and balance sheet Information for the current year: Net income $389,260 Interest expense 68,690 Average total assets 3,550,000 Determine the return on total assets. If required, round the answer to one decimal place

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