Grady home health has a profit margin of 15 percent on


Grady Home Health has a profit margin of 15 percent on sales of $20,000,000. If the firm has debt of $7,500,000 and total assets of $22,500,000, what is Grady's return on assets (ROA)?

5.3%
3.1%
13.3%
10.9%
8.0%

 

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Finance Basics: Grady home health has a profit margin of 15 percent on
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