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A company reports the following income statement and balance sheet information for the current year: Net Income $163,620 Interest expense 14,228 Average total assets 2,068,000

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A company reports the following income statement and balance sheet information for the current year: Net Income $163,620 Interest expense 14,228 Average total assets 2,068,000 Determine the return on total assets. Round the percentage to one decimal place. 96

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