Exercise $1-25($Algo$)$ Analyzing return on assets LO A$2$

$5\mathrm{.}88$

Swiss Group reports net income of $$28,000$ for the year. At the beginning of the year, Swiss Group had $$141,000$ in assets. By the end

points

of the year, assets had grown to $$191,000.$

$800$:$43$:$07$

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 $12\%$ return on assets?

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What is Swiss Group's return on assets for the current year?

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