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What is swiss group return on assets for the current year

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Problem - For 2019, Swiss Group reports net income of $28,000 on revenues of $58,800. At the beginning of the year, Swiss Group had $190,000 in assets. By the end of the year, assets had grown to $240,000.

Required - What is Swiss Group's return on assets for the current year? Did Swiss Group perform better or worse than its competitors if competitors average an 8% return on assets?

Reference no: EM132851057

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