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Equity Assignment | Professional Writing

A fire has destroyed a large percentage of the financial records of the Inferno Company. You have the task of piecing together information in order to release a financial report.

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Equity Assignment | Professional Writing
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Homework For You

You have found the return on equity to be 16.5 percent. Sales were $1,790,000, the total debt ratio was .34, and total debt was $659,000.

What is the return on assets (ROA)?

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