Question: Finance question 16 Question 16 1 pts A firm has a profit margin of 15 percent on sales of $20,000,000. If the firm has

Finance question 16

\ $Finance question 16 \ Question 16 1 pts A firm has a$

Question 16 1 pts A firm has a profit margin of 15 percent on sales of $20,000,000. If the firm has debt of $7,500,000, total assets of $22,500,000, and an after-tax interest cost on total debt of 5 percent, what is the firm's ROA? O 10.9% O 15.1% 8.4% 13.3% O 12.0%

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