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A company reports the following income statement and balance sheet information for the current year Net Income 5389,260 Interest expense 68,690 Average total assets 3,550,000

A company reports the following income statement and balance sheet information for the current year Net Income 5389,260 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. X

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