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Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $738,380 Interest expense 130,300

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Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $738,380 Interest expense 130,300 Average total assets 6,840,000 Determine the return on total assets. If required, round the answer to one decimal place. %

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