Question: Chapter 3 Homework Assignment i Saved A fire has destroyed a large percentage of the financial records of the Inferno Company. You have the task

 Chapter 3 Homework Assignment i Saved A fire has destroyed a

Chapter 3 Homework Assignment i Saved 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 15.1 percent. Sales were $1,755,000, the total debt ratio was 31, and total debt was $652,000. 0.5 points 8 00:44:13 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 eBook References SU

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