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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 $8.6 million, total debt is $3.20 million, debt ratio is 60 percent, and ROE is 18.4 percent. Using the above information, calculate Rick's ROA. (Round your answer to 2 decimal places.)

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