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Torrid Romance Publishers has total receivables of $2,880, which represents 20 days' sales. Total assets are $87,600. The firm's operating profit margin is 5.9%. Find
Torrid Romance Publishers has total receivables of $2,880, which represents 20 days' sales. Total assets are $87,600. The firm's operating profit margin is 5.9%. Find the firm's ROA and asset turnover ratio. Note: Use 365 days in a year. Do not round intermediate calculations. Round your final answers to 2 decimal places
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