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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 $258,900 Interest expense 45,690

Return on Total Assets

A company reports the following income statement and balance sheet information for the current year:

Net income $258,900
Interest expense 45,690
Average total assets 2,130,000

Determine the return on total assets. If required, round the answer to one decimal place. fill in the blank 1 %

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