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2. What is the ROA of a firm with $175,000 in average receivables, which represents 60 days sales, average assets of $750,000, and a profit
2. What is the ROA of a firm with $175,000 in average receivables, which represents 60 days sales, average assets of $750,000, and a profit margin of 9%?
A. 12.77% B. 9.00% C. 10.95% D. 16.70%
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