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Net sales $49371 Cost of goods sold $33536 Net income $18477 Quick assets $88798 Current assets $98484 Long-term assets $24720 Current liabilities $1415 Long-term liabilities

Net sales $49371

Cost of goods sold $33536

Net income $18477

Quick assets $88798

Current assets $98484

Long-term assets $24720

Current liabilities $1415

Long-term liabilities $3153

Compute the Return on Total Assets ratio assuming the asset values are equal to their averages. Round to two decimal places

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