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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 $336,690 Interest expense 59,410

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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 $336,690 Interest expense 59,410 Average total assets 4,660,000 Determine the return on total assets. If required, round the answer to one decimal place. %

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