Question: Using the following data for Headlands Industries, compute the return on assets (rounded). Net Income $160000 Total Assets 12/31/222470000 Total Assets 12/31/211970000 Net Sales 235000

Using the following data for Headlands Industries, compute the return on assets (rounded). Net Income $160000 Total Assets 12/31/222470000 Total Assets 12/31/211970000 Net Sales 235000 7.2% 6.5% 9.5% 10.5%

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