Berkeley corporation showed a profit margin of 62 last year


Berkeley Corporation showed a profit margin of 6.2% last year on sales of $45,000,000. If its total asset level was $37,000,000 and total debt was $16,000,000 what was its ROA (return on assets)?

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Finance Basics: Berkeley corporation showed a profit margin of 62 last year
Reference No:- TGS02801478

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