Answered: Beckinsale, Inc., has a profit margin…

Beckinsale, Inc., has a profit margin of 6.5 percent on sales of $22,600,000. Assume the firm has a and total assets of debt of $8,700,000 $15,300,000. What is the firm's ROA?

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 5P: Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are...

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Beckinsale inc has a profit margin firm roa solve this question

Beckinsale, Inc., has a profit margin of 6.5 percent
on sales of $22,600,000. Assume the firm has a
and total assets of
debt of $8,700,000
$15,300,000.
What is the firm's ROA?

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