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A firm recorded EBIT of $ 2 0 , 0 0 0 , 0 0 0 ; debt of $ 1 5 , 0 0

A firm recorded EBIT of $20,000,000; debt of $15,000,000; and assets of $25,000,000. The firm
has 10% interest on its collective debt for the period. Tax rate is 40%. What is its ROA?
a.0.685
b.0.444
c.0.454
d.0.234
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