Question: Chap 3_ Ross_ Problems New i 6 7.69 points Skipped eBook Print References Saved Borland, Inc., has a profit margin of 6.75 percent on sales

Chap 3_ Ross_ Problems New i 6 7.69 points Skipped eBook

Chap 3_ Ross_ Problems New i 6 7.69 points Skipped eBook Print References Saved Borland, Inc., has a profit margin of 6.75 percent on sales of $23,600,000. Assume the firm has debt of $9,200,000 and total assets of $15,800,000. What is the firm's ROA? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) ROA %

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