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Waiker Glove and Bat Shop can open a new store that will have annual sales of $1,110,900. it will turn over its assets 23 times

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Waiker Glove and Bat Shop can open a new store that will have annual sales of $1,110,900. it will turn over its assets 23 times per year. The profit margin on sales will be 4 percent. What would netincome and return on assets (investment) for the year be? (Round return on ossets to 2 decima) ploce.)

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