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Use the following data: Operating Income 360,000 Total Liabilities 1,392,000 Debt Ratio 58% Tax Rate 30% Interest Expenses 50,000 Calculate Return on Assets

Use the following data:

Operating Income 360,000

Total Liabilities 1,392,000

Debt Ratio 58%

Tax Rate 30%

Interest Expenses 50,000

Calculate Return on Assets

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