Question: LO 2 33. Return on Assets A fire has destroyed a large percentage of the financial records of the Inferno Company. You have the task
LO 2 33. Return on Assets 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 11.6 percent. Sales were $1.79 million, the total debt ratio was.43, and total debt was $693.000. What is the return on assets (ROA)
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