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A company reports the following income statement and balance sheet information for the current year: Net income $431,260 Interest expense 76,110 Average total assets 4,490,000

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

Net income	$431,260
Interest expense	76,110
Average total assets	4,490,000

Determine the return on total assets. If required, round the percentage to one decimal place. %

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