Ricks Travel Service has asked you to help piece together financial information on the firm...
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Accounting
Ricks Travel Service has asked you to help piece together financial information on the firm for the most current year. Managers give you the following information: sales are $8.2 million, total debt is $2.1 million, debt ratio is 40 percent, and ROE is 18 percent.
Using the above information, calculate Ricks ROA. (Round your answer to 2 decimal places.)
ROA %
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