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You have the following data for the Fosberg Winery. What is Fosberg's return on assets (ROA)? Return on equity = 15%; Earnings before taxes =

You have the following data for the Fosberg Winery. What is Fosberg's return on assets

(ROA)? Return on equity = 15%; Earnings before taxes = $30,000; Total asset turnover

= 0.80; Profit margin = 4.5%; Tax rate = 35%.

(Please show me all the steps to this question without using a financial calculator thanks)

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