Question: Q 4 : 4. Alexandria Oil has a net profit margin of 8.0%, a total asset turnover of 3, total assets of $950 million, and

Q4:
4. Alexandria Oil has a net profit margin of 8.0%, a total

4. Alexandria Oil has a net profit margin of 8.0%, a total asset turnover of 3, total assets of $950 million, and a book value of equity of $600 million. What is Alexandria Oil return-on- assets (ROA)?

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