Financial information on the firm for the most current year

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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 = $61 million, total debt = $21 million, debt ratio = 49%, ROE = 12.1%. Using this information, what is PJ's ROA? (Do not round intermediate steps.)

6.17%

12.10%

10.29%

4.12%

Reference no: EM131623595

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