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Paul Pierce Enterprises reports net income of $830,000, average total assets of $2,200,000, and average total liabilities of $440,000. Calculate the return on assets and

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Paul Pierce Enterprises reports net income of $830,000, average total assets of $2,200,000, and average total liabilities of $440,000. Calculate the return on assets and return on equity ratios. (Round your answers to 1 decimal place.) % Return on assets Return on equity %

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