What Is the ROA of a Firm with $150,000 in Average

question 11

Multiple Choice

What is the ROA of a firm with $150,000 in average receivables, which represents 60 days sales, average assets of $750,000, and a profit margin of 9%?

• A)5.60%
• B)6.50%
• C)8.85%
• D)10.95%

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