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Swiss Group reports net income of $ 4 0 , 0 0 0 for the year. At the beginning of the year, Swiss Group had

Swiss Group reports net income of $40,000 for the year. At the
beginning of the year, Swiss Group had $196,000 in assets. By the
end of the year, assets had grown to $246,000.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 13% return on assets?Complete this question by entering your
answers in the tabs below.What is Swiss Groups return on assets for the current year?

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