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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 $310,410 Interest expense 54,780

Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $310,410 Interest expense 54,780 Average total assets 3,290,000 Determine the return on total assets. If required, round the answer to one decimal place

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