Grady Home Health has a profit margin of 15 percent on sales of $20 million. If the

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Grady Home Health has a profit margin of 15 percent on sales of $20 million. If the firm has debt of $7.5 million and total assets of $22.5 million, what is Grady's return on assets?
(i). 13.3%
(ii). 10.9%
(iii). 9.3%
(iv). 8.6%

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Essentials of Corporate Finance

ISBN: 978-1260013955

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Mar 24, 2017 12:56 AM

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Grady Home Health has a profit margin of 15 percent on sales of $20 million. If the

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Essentials of Corporate Finance

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