Question: Database Systems is considering expanding into a new product line.The assets to support the expansion will cost $890,000.It is estimated that Database can generate $1,860,000

Database Systems is considering expanding into a new product line. The assets to support the expansion will cost $890,000. It is estimated that Database can generate $1,860,000 in annual sales, with a profit margin of 13 percent.

What would be the net income and return on assets (investment) for the year? (Enter your return on assets answer as a percentage rounded to 2 decimal places.)


Net Income	ps
return on assets		%

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