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26. Consider ABC Corp. The firm had sales of $2 million last year with a net profit margin of 6%. Its total assets last year
26. Consider ABC Corp. The firm had sales of $2 million last year with a net profit margin of 6%. Its total assets last year was $1 million. What is the firms return on assets (ROA)? a. Less than 5% b. Between 5% and 7% c. Between 7% and 9% d. Between 9% and 11% e. More than 11%.
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