TOM's has annual sales of $415,200, total debt of $91,000, total equity of $126,000, and a profit margin of 6.97 percent. What is the return on assets?
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- TR's has annual sales of $612,200, total debt of $153,000, total equity of $354,000, and a profit margin of 6.78 percent. What is the return on assets? ANSWERTR's has annual sales of $612,200, total debt of $153,000, total equity of $354,000, and a profit margin of 6.78 percent. What is the return on assets?What is the return on assets? General accounting
- What is the return on assets for this general accounting question?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)TJ's has annual sales of $813,200, total debt of $171,000, total equity of $396,000, and a profit margin of 5.78 percent. What is the return on assets? A) 8.29 percent B) 6.48 percent C) 9.94 percent D) 7.78 percent E) 8.02 percent