Question: I am searching for the correct answer to this general accounting problem with proper accounting rules. The records of Meridian Company include the following: Average

I am searching for the correct answer to this general accounting problem with proper accounting rules.

The records of Meridian Company include the following: Average total assets $4,750,000 Average total liabilities $1,850,000 Total revenue $6,320,000 Total expense (including income tax) $5,640,000 Interest expense (including in total $125,000 expenses) Income tax rate 35% What is the return on assets

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