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Question 1 (3 points) What is the ROA of a firm with $150,000 in average receivables, which represents 60 days sales, average assets of $750,000,

Question 1 (3 points) What is the ROA of a firm with $150,000 in average receivables, which represents 60 days sales, average assets of $750,000, and a profit margin of 9 percent? a) 7.5% Ob) 16.70% OC) 10.95% d) 9.0%

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