Question
Beckinsale, Inc., has a profit margin of 6.7 percent on sales of $23,400,000. Assume the firm has debt of $9,100,000 and total assets of $15,700,000.
Beckinsale, Inc., has a profit margin of 6.7 percent on sales of $23,400,000. Assume the firm has debt of $9,100,000 and total assets of $15,700,000. What is the firms ROA? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) ROA %
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International Finance For Non Financial Managers
Authors: Dora Hancock
1st Edition
0749480017, 9780749480011
