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If Randolph Co. has sales of $3,000,000, net income of $200,000, and total asset turnover of 1.5x, what is its ROA?
If Randolph Co. has sales of $3,000,000, net income of $200,000, and total asset turnover of 1.5x, what is its ROA?
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I The return on assets is the ratio of net income tot he total assets used by the fi...
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Interpreting and Analyzing Financial Statements
Authors: Karen P. Schoenebeck, Mark P. Holtzman
6th edition
132746247, 978-0132746243
