Problem $3-20$ Profitability Ratios $($LG$3-4)$

Rick's Travel Service has asked you to help piece together financial information on the firm for the most current year. Managers give you the following information: sales are $$8\mathrm{.}0$ million, total debt is $$3\mathrm{.}50$ million, debt ratio is $65$ percent, and ROE is $17\mathrm{.}8$ percent.

Using the above information, calculate Rick's ROA.

Note: Round your answer to $2$ decimal places.

Answer is complete but not entirely correct.

$8\mathrm{.}65\%$