Syrio's Swords has net sales of $1,170,000, net income of $80,000, average current assets of $48,000, average fixed assets of $182,000, and average total assets of $230,000. What is Syrio's return on assets? (Round your final answer to the nearest percentage.)
A) 35%
B) 7%
C) 44%
D) 167%
A) 35%
net income/average total assets; ex: $80,000/ $230,000 = round to 35%
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