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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
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 $9.2 million, total debt is $2.9975 million, debt ratio is 55 percent, and ROE is 19.0 percent Using the above information, calculate Rick's ROA (Round your answer to 2 decimal places.) ROA
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