Question: Return on Assets - Mormito, Inc., has a profit margin of 5.9 percent on sales of $11.4 million. If the firm has debt of $6.1

Return on Assets - Mormito, Inc., has a profit margin of 5.9 percent on sales of $11.4 million. If the firm has debt of $6.1 million and total assets of $9.3 million, what is the firms ROA?

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