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In January 2 0 0 9 , the Status Quo Company was formed. Total assets were $ 5 8 7 , 0 0 0 ,

In January 2009, the Status Quo Company was formed. Total assets were $587,000, of which $376,000 consisted of depreciable fixed assets. Status Quo uses straight-line depreciation of $37,600 per year, and in 2009 it estimated its fixed assets to have useful lives of 10 years. Aftertax income has been $35,000 per year each of the last 10 years. Other assets have not changed since 2009.
a. Compute return on assets at year-end for 2009,2011,2014,2016 and 2018.
Note: Input your answers as a percent rounded to 2 decimal places.
\table[[Year,Return on Assets,],[2009,,%
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