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Watson Data Systems is considering expanding into a new product line. New assets to support expansion will cost $970,000. It is estimated that Watson can

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Watson Data Systems is considering expanding into a new product line. New assets to support expansion will cost $970,000. It is estimated that Watson can generate $2.06 million in annual sales, with a 6 percent profit margin. What would net income and return on assets (investment) be for the year? (Enter answer in whole dollar, not in millions. Round return on assets to 2 decimal places.) TA Net income Return on assets

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