What is the ROA of a firm with $150.000 in average receivables, which represents 60 days sales, average assets of $750,000, and a profit margin of 9%
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- What are the annual sales for a firm with $800,000 in debt, a total debt ratio of .06, and an asset turnover of 2?What is the amount of the net income? AccountingYou have the following data for a company. What is the return on assets (ROA)? Return on equity = 15%; Earnings before taxes = $150,000; Total asset turnover = 1.8; Profit margin = 10.5%; Tax rate = 30%.