Question: Please provide the accurate answer to this general accounting problem using valid techniques. Beckinsale Inc., has a profit margin of 6.9% on sales of $24,200,000.

Please provide the accurate answer to this general accounting problem using valid techniques.

Beckinsale Inc., has a profit margin of 6.9% on sales of $24,200,000. Assume the firm has debt of $9,500,000 and total assets of $16,100,000. What is the firm's ROA? (Do not round intermediate calculations and give your answer as a percent rounded to2decimal places, e.g., 32.16.)

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