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The balance sheets at the end of each of the first two years of operations indicate the following: Using the balance sheets for Kellman Company,

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The balance sheets at the end of each of the first two years of operations indicate the following: Using the balance sheets for Kellman Company, if net income is $117,000 and interest expense is $46,000 for Year 2 , what is the return on total assets for the year (rounded to two decimal places)? 3. 4704 b. 1.194 c. 7.30% d. 1050%

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