Question

The sales margin is 42%, sales are 1,100 and total assets are 1,200, then the Roas is: 36.50% 39.50% 38.50% Cannot be calculated with the data provided

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Brice

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101 Answers

1. Calculate Net Income from Sales:

\text{Net Income} = 1100 \times 0.42 = 462

2. Use the ROA formula:

\text{ROA} = \frac{462}{1200} \times 100 = 38.50\%

The answer is:

38.50\%

2. Use the ROA formula:

The answer is:

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