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A company reports the following income statement and balance sheet information for the current year: Net income $387,000 Interest expense 68,300 Average total assets 3,140,000

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

Net income	$387,000
Interest expense	68,300
Average total assets	3,140,000

Determine the return on total assets. If required, round the answer to one decimal place. fill in the blank 1 %

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