Question: Please explain the solution to this general accounting problem with accurate principles. The following is selected data for Orion Labs: 2023 2022 Sales $1,500,000 $1,400,000

Please explain the solution to this general accounting problem with accurate principles.

Please explain the solution to this general
The following is selected data for Orion Labs: 2023 2022 Sales $1,500,000 $1,400,000 Net Income $135,000 $115,000 Total Current Assets $200,000 $180,000 Property, Plant & Equipment $700,000 $690,000 What was Orion Labs' return on assets (ROA) in 2023

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