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Return on assets a fire has destroyed a large percentage of

Question: Return on Assets. A fire has destroyed a large percentage of the financial records of the Excandesco Company. You have the task of piecing together information in order to release a financial report. You have found the return on equity to be 12.9 percent. Sales were $1,840,000, the total debt ratio was .37, and total debt was $673,000. What is the return on assets (ROA)?

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Finance Basics: Return on assets a fire has destroyed a large percentage of

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