A company had net income of $350,000 in Year 1 and $520,000 in Year 2....
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Accounting
A company had net income of $350,000 in Year 1 and $520,000 in Year 2. The company had average total assets of $2,500,000 in Year 1 and $3,000,000 in Year 2. Calculate the return on total assets for Year 1 and Year 2. Did the company's performance improve?
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