A firm has a net profit margin of 45 on sales of 12 million


A firm has a net profit margin of 4.5% on sales of $12 million. Suppose the firm's total capital is $8 million of which debt ratio of 60% and interest rate of 8%. Calculate the firm's return on assets (ROA).

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Financial Management: A firm has a net profit margin of 45 on sales of 12 million
Reference No:- TGS01405800

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