A fire has destroyed a large percentage of the financial


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 17.3 percent. Sales were $1,810,000, the total debt ratio was .35, and total debt was $663,000.

What is the return on assets (ROA)?

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Financial Management: A fire has destroyed a large percentage of the financial
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