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Question 14 (9 points) A firm has total account receivable of $1500, which represents 10 days' sales. Average total assets are $75000. The firm's operating
Question 14 (9 points) A firm has total account receivable of $1500, which represents 10 days' sales. Average total assets are $75000. The firm's operating profit margin is 10%. Assume that 1 year has 365 days. This firm's ROA is equal to A) 2.36% B) 3.65% C) 7.30% D) 10.95% E) 6.32%
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