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Determine the return on total assets

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Question - Return on Total Assets - A company reports the following income statement and balance sheet information for the current year:

Net income $256,510

Interest expense 45,270

Average total assets 3,820,000

Required - Determine the return on total assets.

Reference no: EM133124770

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Determine the return on total assets : A company reports the following income statement and balance sheet for the current year: Net income $256,510. Determine the return on total assets
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