onsider the following information: FY22 $m FY21...
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Accounting
onsider the following information:
| FY22 $m | FY21 $m | |
| Total assets | 19,948 | 16,000 |
| Finance costs | 85 | 64 |
| Tax expense | 1,200 | 1,020 |
| Profit | 2,800 | 2,380 |
Required
Calculate, to one decimal place, the return on assets (ROA) % for FY22.
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