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A firm has a profit margin of 15 percent on sales of $20,000,000. If the...

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Finance

A firm has a profit margin of $15$ percent on sales of $ $20, 000, 000 .$ If the firm has debt of $ $7, 500, 000,$ total assets of $ $22, 500, 000,$ and an after $-$ tax interest cost on total debt of $5$ percent, what is the firms ROA?

Select one:

a $.$

$12.0 %$

b $.$

$10.9 %$

c $.$

$9.2 %$

d $.$

$13.3 %$

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