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What is pj roa

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Reference no: EM132768583

Profitability Ratios

Problem 1: 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 = $67 million, total debt = $27 million, debt ratio = 43%, ROE = 12.7%. Using this information, what is PJ's ROA?

Reference no: EM132768583

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