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Return on Assets The Kingwood Company reported net income of $49,000 and average total assets of $500,000. Calculate the company's return on assets. Round answer

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Return on Assets The Kingwood Company reported net income of $49,000 and average total assets of $500,000. Calculate the company's return on assets. Round answer to one decimal place. (Ex. 0.2345=23.5% ) %

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