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What is pj roa

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Profitability Ratios

PJ's Ice Cream Parlor has asked you to help piece together financial information on the firm for the most current year. Managers give you the following information: sales = $58 million, total debt = $28 million, debt ratio = 42%, ROE = 12.8%. Using this information, what is PJ's ROA? (Do not round intermediate steps.)

Reference no: EM132645545

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