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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

Ricks 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 $7.4
million, total debt is $1.9635 million, debt ratio is 35 percent,
and ROE is 17.1 percent.Using the aboveinformation, calculate Ricks ROA.

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