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What is the return on shareholders equity

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Griffey Juniorhas $1,840,000 in assets and $625,000 of total debt. It reports net income of $145,000

Problem a) what is its ROA (do not round intermediate calculations. Round the final answer to 1 decimal pace)

Problem b) what is the return on shareholders equity? (do not round intermediate calculations. Round the final answer to 1 decimal pace)

Problem c) If the firm has an asset turnover ratio of 2.40, what is the profit margin? (do not round intermediate calculations. Round the final answer to 1 decimal pace)

Reference no: EM132685344

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