Question: Using last quarter's financial statements, the manager determined that the net profit was $1,463,000 based on $1,375,000 in sales. The firm's assets total $5,837,000 on

Using last quarter's financial statements, the manager determined that the net profit was $1,463,000 based on $1,375,000 in sales. The firm's assets total $5,837,000 on their books. Determine the ROA (Return on Assets). Round the answer to 3 decimal places, if applicable. DO NOT express your answer as a %.3

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