Return on Total Assets A company reports the following income statement and balance sheet information for the current year Net income $216,060 Interest expense 38,130 Average total assets 2,290,000 Determine the return on total assets If required, round the answer to one decimal place fill in the blank 1

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Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $216,060 Interest expense 38,130

Return on Total Assets

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

Net income	$216,060
Interest expense	38,130
Average total assets	2,290,000

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

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