Question: Database Systems is considering expansion into a new product line. Assets to support expantion will cost $970,000 it is entimoted that Database can generate $2,060,000

Database Systems is considering expansion into a new product line. Assets to support expantion will cost $970,000 it is entimoted that Database can generate $2,060,000 in annual sales, with an 6 percent profit morgin What would net income and return on assets (investment) be for the year? Note: Input your return on assets answer as a percent rounded to 2 decimal places

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