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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

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 $7.3 million, total debt is $1.75 million, debt ratio is 30 percent, and ROE is 17.0 percent.

Using the above information, calculate Ricks ROA. (Round your answer to 2 decimal places.)

ROA %

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