Financial Accounting: Return on assets A company borrows $0.70 for every $1 of equity. They earn $0.25 in profit for every $1 of equity in the firm. What is the firm's return on assets (ROA)?
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- Please given answer financial accountingAssume you are given the following relationship solve this question general accountingAssume the following relationships for the Brown Corporation: Sales / Assets 1.5Return on assets (ROA) 3%Return on equity (ROE) 5% Calculate the firm’s profit margin and debt-to-assets ratio, assuming the company uses debt and common equity.