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figure below for initial performance numbers. Sales $1M Investment Turnover Inventory $150K Total Assets $500K Sales $1M Profit Total Cost Profit Margin Ratio $950K Sales
figure below for initial performance numbers. Sales $1M Investment Turnover Inventory $150K Total Assets $500K Sales $1M Profit Total Cost Profit Margin Ratio $950K Sales $1M ROA A reduction of 5.0% on purchases was achieved by the purchasing group. What is the resulting ROA? Enter your answer as a percentage without symbols. Round your result to 1 decimal place, if applicable. (15.76% is entered as 15.8)
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