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A fire has destroyed a large percentage of the financial records of the Excandesco Company. You have the task of piecing together information in order to release a financial report. You have found the return on equity to be 17.9 percent. Sales were $1,825,000, the total debt ratio was .33, and total debt was $666,000. What is the return on assets (ROA)?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92815581

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