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Borland, Inc., has a profit margin of 6.6 percent on sales of $23,000,000. Assume the firm has debt of $8,900,000 and total assets of $15,500,000
Borland, Inc., has a profit margin of 6.6 percent on sales of $23,000,000. Assume the firm has debt of $8,900,000 and total assets of $15,500,000 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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Fundamental Accounting Principles Volume II
Authors: Larson Kermit, Jensen Tilly
14th Canadian Edition
71051570, 0-07-105150-3, 978-0071051576, 978-0-07-10515, 978-1259066511
