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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 $867,150 Interest expense 153,030

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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 $867,150 Interest expense 153,030 Average total assets 6,940,000 Determine the return on total assets. If required, round the percentage to one decimal place. %

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