FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Get correct answer general accounting

Beckinsale, Inc. has a profit margin of 5.8%,
on sales of $14,500,000. If the firm has debt
of $7,300,000, and total assets of
$11,200,000, what is the firm's ROA?
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Transcribed Image Text:Beckinsale, Inc. has a profit margin of 5.8%, on sales of $14,500,000. If the firm has debt of $7,300,000, and total assets of $11,200,000, what is the firm's ROA?
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