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. |
| Required: |
| 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).) |
| ROA | % |
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Small Brewery Finance
Authors: Maria Pearman
1st Edition
1938469526, 978-1938469527
