Beckinsale, Inc., has a profit margin of 6.7 percent on sales of $23,400,000.Suppose the company has debt

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Beckinsale, Inc., has a profit margin of 6.7 percent on sales of $23,400,000. Suppose the company has debt of $9,100,000 and total assets of $15,700,000.

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What is the ROA of the company?

(Do not round intermediate calculations and enter your answer as a percentage rounded to 2 decimal places, for example, 32.16.)

ROA %

Related Book For answer-question

Essentials Of Corporate Finance

ISBN: 9780073405131

6th Edition

Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan

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Posted Date: Apr 29, 2023 06:35 AM

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Beckinsale, Inc., has a profit margin of 6.7 percent on sales of $23,400,000.Suppose the company has debt

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ROA Net Income Total Assets Net ... View the full answer

Essentials Of Corporate Finance

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