Compute the return on asset ratio for Year 2 given the following data: (Enter your answer as a percentage rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34).) Total asset turnover year 2: 2.10 Year 1: 1.90 Net profit margin Year 2: 12.00 % Year 1: 10.00 %
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