Return on assets Beckinsale, Inc., has a profit margin of 7.2% on sales of $25,400,000. firm has debt of Assume the firm has $10,100,000 and total assets of $16,700,000. Required: What is the firm's ROA?
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- posted in account answer pleaseeNeed answer the accounting questionAssume the following relationships for the Caulder Corp.: Sales/Total assets 2.2x Return on assets (ROA) 6% Return on equity (ROE) 15% a. Calculate Caulder's profit margin assuming the firm uses only debt and common equity, so total assets equal total invested capital. Round your answer to two decimal places. % b. Calculate Caulder's debt-to-capital ratio assuming the firm uses only debt and common equity, so total assets equal total invested capital. Do not round intermediate calculations. Round your answer to two decimal places. %