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Given the following information for the Duke Tire Company, findROA(Return on Assets): Debt ratio (D/A) = 0.21 (expressed as a decimal) Total asset turnover ratio
Given the following information for the Duke Tire Company, findROA(Return on Assets):
- Debt ratio (D/A) = 0.21 (expressed as a decimal)
- Total asset turnover ratio (S/A) = 1.27
- Sales (S) = $10,000
- Net profit margin = 0.09 (expressed as a decimal)
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