Borland, Inc., has a profit margin of 5.6 percent on sales of $13.6 million. If the firm has a debt of $6.4 million and total assets of $9.8 million, what is the firm's ROA?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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What is the firm's ROA ? General accounting

Borland, Inc., has a profit margin of 5.6
percent on sales of $13.6 million. If the firm
has a debt of $6.4 million and total assets of
$9.8 million, what is the firm's ROA?
Transcribed Image Text:Borland, Inc., has a profit margin of 5.6 percent on sales of $13.6 million. If the firm has a debt of $6.4 million and total assets of $9.8 million, what is the firm's ROA?
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