A company had $5,000,000 in total revenues for its fiscal year. Its expenses for the year were $3,500,000. Its total assets were $10,000,000. What is the company’s return on assets for the fiscal year?

1. A company had $5,000,000 in total revenues for its fiscal year. Its expenses for the year were $3,500,000. Its total assets were $10,000,000. What is the company’s return on assets for the fiscal year?

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