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What is the roa for a company

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Reference no: EM132997786

Problem 1: A company has an end of year balance sheet (in SGD) showing Equity of 14,000,000, total debt of 28,000,000 and fixed assets of 23,000,000. Given yearly sales of 15,000,000, account payables of 3,300,000 SGD and a Net Income of 1,600,000 SGD, what is the ROA?

Option 1: 3.81%

Option 2: 11.43%

Option 3: 33.33%

Option 4: 93%

Reference no: EM132997786

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