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If the firm has debt of 7500000 total assets of 22500000

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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?

Reference no: EM13571197

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