Question: Compute the return on total assets based on the following information. (Round the answer to one decimal place.) Net income $ 127,000 Interest expense 9,700

Compute the return on total assets based on the following information. (Round the answer to one decimal place.)

Net income $ 127,000
Interest expense 9,700
Total $ 136,700
Total assets:
Beginning of year $2,359,000
End of year 1,193,000
Total $3,552,000

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