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return on assets Problem 3-19 Return on Assets [LO 2] Beckinsale, Inc , has a profit margin of 6 6 percent on sales of $23,000,000

return on assets
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Problem 3-19 Return on Assets [LO 2] Beckinsale, Inc , has a profit margin of 6 6 percent on sales of $23,000,000 Assume the firm has debt of 58.900.000 and total assets of $15,500,000 Required: What is the firm's ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g.. 32.16).) ROA %

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