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Fitter reported net income of $19.000 for the past year. At the beginning of the year the company had $203.000 in assets and 553 000
Fitter reported net income of $19.000 for the past year. At the beginning of the year the company had $203.000 in assets and 553 000 in abilities. By the end of the yest assets had increased to $363.000 and abilities were $78,000. Calculate its return on assets
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