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Eastern, Inc., had net sales of $3,520,000, gross profit of $1,496,000, and operating expenses of...

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Accounting

Eastern, Inc., had net sales of $3,520,000, gross profit of $1,496,000, and operating expenses of $904,000.

Total assets (all operating) were $3,080,000.

Compute Easterns rate of return on assets.

Please show work. Thanks!

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