Question: Watson Data Systems is considering expanding into a new product line. New assets to support expansion will cost $400,000. It is estimated that Watson can

Watson Data Systems is considering expanding into a new product line. New assets to support expansion will cost $400,000. It is estimated that Watson can generate $1.32 million in annual sales, with a 9 percent profit margin.

What would net income and return on assets (investment) be for the year? (Enter answer in whole dollar, not in millions. Round return on assets to 2 decimal places.)


Net income	$
Return on assets	%

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