A company reports the following income statement and balance sheet information for the current year: Net income $581,610 Interest expense 102,640 Average total assets 5,750,000 Determine the return on total assets. If required, round the percentage to one decimal place.

Which of the following best explains why online retail companies have an advantage over regular stores? a. their employees make less money because they mostly perform unskilled tasks. b. they are able to keep distribution costs low by negotiating deals with shipping companies. c. their transactions require expensive state-of-the-art technological devices. d. they have a larger number of potential customers because people anywhere can buy from them.