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  3. a company reports net income of $83,400 for the ye

A company reports net income of $83,400 for the year At the beginning of the...

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Accounting

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A company reports net income of $83,400 for the year At the beginning of the year, it had $595,000 in assets. By the end of the yeac, assets were $795,000 Required: 1. Compute return on assets for the current year. 2. Did the company perform better or worse than its competitors who reported an 18% return on assets? Complete this question by entering your answers in the tabs below. Did the company perform better or worse than its competitors who reported an 18% retum on assets

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