Question: I am looking for the correct answer to this general accounting question with appropriate explanations. A business has a profit margin of 18% on total

I am looking for the correct answer to this general accounting question with appropriate explanations.

A business has a profit margin of 18% on total sales of $50,000,000. The firm holds total debt of $15,000,000, total assets of $60,000,000, and an after-tax interest cost on total debt of 6%. Determine the firm's Return on Assets (ROA)

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