Question: + 8. Determine the ROA for a retailer with the following information: COGS 71.8% Gross Margin $12 571 560 Net Profit 5.5% $ 1,240,000

+ 8. Determine the ROA for a retailer with the following information:

+ 8. Determine the ROA for a retailer with the following information: COGS 71.8% Gross Margin $12 571 560 Net Profit 5.5% $ 1,240,000 Current assets Total assets $17,800,000 $ Net Sales COGS Gross margin Expenses Profit Use the space below to outline your calculations: %

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Answer Explanation iHere Cost of goods sold 718 and Gross Margin 12571560 ... View full answer

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