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A firm has debt-equity ratio of 0.5, net income of $250,000, sales of $1,350,000, and total assets of $1,250,000, What is its ROA? Select one:

A firm has debt-equity ratio of 0.5, net income of $250,000, sales of $1,350,000, and total assets of $1,250,000, What is its ROA? Select one: a. 20% b. 25% c. 30% d. 35% e. 40%

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