Return on total assets A company reports the following income statement and balance sheet information for the current year: Net income $266,220 Interest expense 46,980 Average total assets 4,350,000...

Return on total assets<br>A company reports the following income statement and balance sheet information for the current year:<br>Net income<br>$266,220<br>Interest expense<br>46,980<br>Average total assets<br>4,350,000<br>Determine the return on total assets. If required, round the percentage to one decimal place.<br>%<br>

Extracted text: Return on total assets A company reports the following income statement and balance sheet information for the current year: Net income $266,220 Interest expense 46,980 Average total assets 4,350,000 Determine the return on total assets. If required, round the percentage to one decimal place. %

Jun 02, 2022

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Return on total assets A company reports the following income statement and balance sheet information for the current year: Net income $266,220 Interest expense 46,980 Average total assets 4,350,000...

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