Question: GROUPS RESOURCES GRADES rate Finance: GB358 mination pting submissions until Thursday, June 22, 2023 at 8:30 pm Show instructions Submissions Enable Question 1 of 9

GROUPS RESOURCES GRADES rate Finance: GB358 mination pting submissions until Thursday, June 22, 2023 at 8:30 pm Show instructions Submissions Enable Question 1 of 9 | Page 1 of 9 Question 1 (5 points) Watson Data Systems is considering expanding into a new product line. New assets to support expansion will cost $500,000. It is estimated that Watson can generate $1.2 million in annual sales, with a 6 percent profit margin. What would net income and return on assets (investment) he for the year?

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