Alpha Geek

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    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

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    Polytechnic State University
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Category > Accounting Posted 21 Apr 2017 My Price 1.00

What is the firm’s ROA?

A firm has a profit margin of 15 percent on sales of $20,000,000. If the firm has debt of $7,500,000, total assets of $22,500,000, and an after-tax interest cost on total debt of 5 percent, what is the firm’s ROA?

a. 8.4%

Answers

Alpha Geek
(8)
Status NEW Posted 21 Apr 2017 12:04 PM My Price 1.00

Ans-----------wer----------- RO-----------A =----------- Ne-----------t P-----------rof-----------it -----------Mar-----------gin-----------*To-----------tal----------- As-----------set----------- Tu-----------rno-----------ver----------- Ne-----------t P-----------rof-----------it -----------Mar-----------gin----------- 15-----------% S-----------ale-----------s 2-----------000-----------000-----------0 T-----------ota-----------l A-----------sse-----------ts-----------

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