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Compute Return on Assets (ROA): Requirements: - Using the following figures: Net Income: $400,000 Average Total Assets: $3,000,000 - Compute the return on assets (ROA).

ยทCompute Return on Assets (ROA): Requirements: - Using the following figures:

  • Net Income: $400,000
  • Average Total Assets: $3,000,000 - Compute the return on assets (ROA). - Express ROA as a percentage. - Provide the calculated ROA. -

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