11a large organic farm operation had sales of 24 million


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%

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: 11a large organic farm operation had sales of 24 million
Reference No:- TGS0645685

Expected delivery within 24 Hours