What is a firms ROA if its operating margin is 20.7%, interest expense is 2.5% of sales,

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What is a firm’s ROA if its operating margin is 20.7%, interest expense is 2.5% of sales, asset turnover is 1.2, and its tax rate is 19%?

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: May 24, 2023 12:26 AM

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What is a firms ROA if its operating margin is 20.7%, interest expense is 2.5% of sales,

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Expert Answer:

Return on Assets ROA can be calculated using the formula ROA Operating Margin ... View the full answer

Income Tax Fundamentals 2013

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