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A company reports the following income statement and balance sheet information for the current year: Net income $131,550 Interest expense 23,220 Average total assets 2,310,000

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

Net income	$131,550
Interest expense	23,220
Average total assets	2,310,000

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

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