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Database Systems is considering expansion into a new product line. Assets to support expansion will cost $ 5 0 0 , 0 0 0 .

Database Systems is considering expansion into a new product line. Assets to support expansion will cost $500,000. It is estimated that Database can generate $1,200,000 in annual sales, with a 6 percent profit margin.
What would net income and return on assets (investment) be for the year?

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