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QUESTION 15 5 points Use the following Income Statement and Balance Sheet Information for 2018 to answer the question below. This is a Retail Company.

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QUESTION 15 5 points Use the following Income Statement and Balance Sheet Information for 2018 to answer the question below. This is a Retail Company. All numbers are in Millions Income Statement Total Sales Cost of Sales Gross Profit 238.3 146.9 238.3-1469 15 8 Selling and Administrative Expenses Research and Development Depreciation and Amortization Other Income EBIT Interest Expense Pretax income 2.2 22 238.3-146.9-15-8-2.2-2.2 5.4 238.3.146.9.15-8-2.2-2.2- 5.4 (238.3-146.9-15-8- 2.2-2.2-5.4)*0.30 (238.3-146.9-15-8 2.2-2.2-5.4)*0.70 Taxes Net Income Balance Sheet Assets Cash 70.2 Liabilities Accounts Payable 483 Net Income 2.2+2.2-5.4 )*0.70 48.3 Balance Sheet Assets Cash 70.2 Accounts Receivable 53.3 Inventories 5.3 Total Current Assets 70.2+53.345.3 Liabilities Accounts Payable Notes Payable/Short term debt 1.6 Total Current Liabilities 48.3+1.6 85.4 Net property, plant 99.9 and equipment Total long-term assets 99.9 85.4 Long-term debt Total long-term debt liabilities Total Liabilities Stockholders' Equity (Total Equity) Total Liabilities and Stockholders' Equity 48.3+1.6+85.4 70.2+53.3+5.399.9-48.3-1.6- 85.4 48.3+1.6+85,4+ 70.2+ 53.3+5.3+99.9-48.3-1.6- Total Assets 70.2+53.3+5.3+99.9 85.4 What was the company's ROA in 2018? NOTE: Answer in millions. (Use the numbers as is). Use four decimals for your answers

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