Question: 10 S Book rint ences A fire has destroyed a large percentage of the financial records of the Inferno Company. You have the task of

10 S Book rint ences A fire has destroyed a large percentage of the financial records of the Inferno Company. You have the task of piecing together information in order to release a financial report. You have found the return on equity to be 11.6 percent. Sales were $1.79 million, the total debt ratio was .43, and total debt was $693,000. What is the return on assets (ROA)? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Return on assets %
 10 S Book rint ences A fire has destroyed a large

A fire has destroyed a large percentage of the financial records of the inferno Company. You have the task of plecing together information in order to release a financial report. You have found the return on equity to be 11.6 percent. Sales were $1.79 million, the total debt ratio was 43 , and total debt was $693.000. What is the return on assets (ROA)? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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