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 percent?
A)7.50 percent
B)9.00 percent
C)10.95 percent
D)16.70 percent 60 =

Name: 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 percent? A)7.50 percent B)9.00 percent C)10.95 percent D)16.70 percent 60 =
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The Answer is C

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