Question
Beckinsale, Inc., has a profit margin of 6.8 percent on sales of $23,800,000. Assume the firm has debt of $9,300,000 and total assets of $15,900,000
Beckinsale, Inc., has a profit margin of 6.8 percent on sales of $23,800,000. Assume the firm has debt of $9,300,000 and total assets of $15,900,000
What is the firms ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)
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Supply Chain Finance Solutions
Authors: Erik Hofmann, Oliver Belin
1st Edition
3642175651, 978-3642175657
