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Borland, Inc., has a profit margin of 6.45 percent on sales of $22,400,000. Assume the firm has debt of $8,600,000 and total assets of
Borland, Inc., has a profit margin of 6.45 percent on sales of $22,400,000. Assume the firm has debt of $8,600,000 and total assets of $15,200,000. What is the firm's 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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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
5th edition
1111527369, 978-1111527365
