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LaDanions Limos reports net income of $124,000, average total assets of $640,000, and average total liabilities of $280,000. Calculate LaDanions return on assets and return

image text in transcribedLaDanions Limos reports net income of $124,000, average total assets of $640,000, and average total liabilities of $280,000. Calculate LaDanions return on assets and return on equity ratios.

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