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Given the following data, calculate the return on assets for 2018. Then disaggregate the ROI and specify which factor contributes more to return on assets.

Given the following data, calculate the return on assets for 2018.

Then disaggregate the ROI and specify which factor contributes more to return on assets. (Calculate answers to four decimal places)

2017 2018

Sales $92,000 $103,000

Net Income after Taxes 4,000 5,500

Total Assets 115,000 122,000

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