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Swiss Group reports net income of $27,000 for the year. At the beginning of the year, Swiss Group had $197,000 in assets. By the end

Swiss Group reports net income of $27,000 for the year. At the beginning of the year, Swiss Group had $197,000 in assets. By the end of the year, assets had grown to $247,000. What is Swiss Groups return on assets for the current year? Did Swiss Group perform better or worse than its competitors if competitors average an 7% return on assets

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