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What is a firms ROA if its operating margin is 27.4%, interest expense is 4.9% of sales, asset turnover is 1.9, and its tax rate
What is a firms ROA if its operating margin is 27.4%, interest expense is 4.9% of sales, asset turnover is 1.9, and its tax rate is 23%? Round to the nearest 0.1%, drop the % symbol. E.g., if your answer is 25.74%, record it as 25.7.
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