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Home Demo reported the following results. Sales $ 9 5 billion Net income $ 8 billion Average total assets $ 4 2 billion ( a

Home Demo reported the following results.
Sales $ 95 billion
Net income $ 8 billion
Average total assets $ 42 billion
(a) Compute Home Demo's return on assets.
(b) Is Home Demo's return on assets better than the 11% return of Lows Hardware (a competitor)?

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