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Beckinsale, Inc., has a profit margin of 6.85 percent on sales of $24,000,000. Assume the firm has debt of $9,400,000 and total assets of $16,000,000.
| Beckinsale, Inc., has a profit margin of 6.85 percent on sales of $24,000,000. Assume the firm has debt of $9,400,000 and total assets of $16,000,000. |
| Required: |
| What is the firms ROA? |
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The Ascendancy Of Finance
Authors: Joseph Vogl, Simon Garnett
1st Edition
1509509305, 978-1509509300
