Intermediate Financial Management (MindTap Course List)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN: 9781337395083
Author: Eugene F. Brigham, Phillip R. Daves
Publisher: Cengage Learning
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The Red Martin has annual sales of $797,400, total debt of $320,000, total equity of $475,000, and a profit margin of 5.96 percent. What is the return on assets? (financial Accounting 5 points)

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