19. Using the following information, calculate the return on assets (ROA). Net income for November, 2018 2$ 14,400 Total assets, November 1, 2018 70,000 Total assets, November 30, 2018 110,000 Identify the formula and then solve for return on assets (ROA). (Round the ROA to the nearest tenth percent, X.X%.) ROA %3D %3D

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