Question
Beckinsale, Inc., has a profit margin of 6.9 percent on sales of $24,200,000. Assume the firm has debt of $9,500,000 and total assets of $16,100,000.
Beckinsale, Inc., has a profit margin of 6.9 percent on sales of $24,200,000. Assume the firm has debt of $9,500,000 and total assets of $16,100,000. 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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The Validation Of Risk Models
Authors: S. Scandizzo
1st Edition
1137436956, 978-1137436955
