Question: Stagg Group Plc declared 6 0 0 , 0 0 0 in net operating income, an operating profit margin of 1 5 percent, and a

Stagg Group Plc declared 600,000 in net operating income, an operating profit margin of 15 percent, and a net profit margin of 10 percent. If the firm's asset t turnover ratio was 2.50, what was the firm's return on asset?

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