Financial information on the firm for the most current year

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Reference no: EM131304950

Profitability Ratios PJ's Ice Cream Parlor has asked you to help piece together financial information on the firm for the most current year. Managers give you the following information: sales = $57 million, total debt = $27 million, debt ratio = 43%, ROE = 12.7%. Using this information, what is PJ's ROA? (Do not round intermediate steps.)

Reference no: EM131304950

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