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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 $328,870 Interest expense 58,030

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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 $328,870 Interest expense 58,030 Average total assets 5,300,000 Determine the return on total assets. If required, round the answer to one decimal place

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