Database Systems is considering expansion into a new product line. Assets to support expansion will cost $630,000.
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| Database Systems is considering expansion into a new product line. Assets to support expansion will cost $630,000. It is estimated that Database can generate $1,240,000 in annual sales, with an 15 percent profit margin. |
| What would net income and return on assets (investment) be for the year?(Input your return on assets answer as a percent rounded to 2 decimal places.) |
| Net income | $ | |
| Return on assets | % |
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