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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 following

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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 following information: sales are $9.0 million, total debt is $2.40 million, debt ratio is 45 percent, and ROE is 18.8 percent. Using the above information, calculate Rick's ROA. (Round your answer to 2 decimal places.) ROA %

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