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6. Profitability Ratios PJ's Ice Cream Parlor has asked you to help piece together financial information on the firm for the most current year. Managers

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6. Profitability Ratios PJ's Ice Cream Parlor has asked you to help piece together financial information on the firm for the most current year. Managers give you the following information: sales = $59 million, total debt-$29 million, debt ratio 41%, ROE = 12.9%. Using this information, what is PJ's ROA? (Do not round intermediate steps.)

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