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XYZ corporation reported net income of $2,700,000 for the year. The beginning total assets were $17,500,000 and ending total assets were $19,000,000. Net sales for

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XYZ corporation reported net income of $2,700,000 for the year. The beginning total assets were $17,500,000 and ending total assets were $19,000,000. Net sales for the year were $ 21,000,000. Calculate the following: Return on assets Asset turnover

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