What is return on assets (roa)

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11. A large organic farm operation had sales of $24 million, total assets of $18 million, and total debt of $7 million. If the profit margin is 8%, what is return on assets (ROA)?
a. 8.36% b. 10.67% c. 11.14% d. 12.44%

Reference no: EM13306996

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