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  3. 2. value: 2.77 points database systems is consider

2. value: 2.77 points Database Systems is considering expansion into a new product line. Assets...

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Accounting

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2. value: 2.77 points Database Systems is considering expansion into a new product line. Assets to support expansion will cost $580,000. It is estimated that Database Systems can generate $1,640,000 in annual sales, with an 10 percent profit margin. What would net income and return on assets (investment) be for the year? (Input your return on assets answer as a percent rounded to 2 decimal places.) Net Income Return on assets % Hints References eBook & Resources Hint 1 Check my work

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