Paul Pierce Enterprises reports net income of $800,000,average total assets of $2,400,000,and average total liabilities of $400,000.Calculate the return on assets and return on equity ratios.

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The Answer of Paul Pierce Enterprises reports net income of $800,000,average total assets of $2,400,000,and average total liabilities of $400,000.Calculate the return on assets and return on equity ratios.

Paul Pierce Enterprises Reports Net Income of $800,000,average Total Assets