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Business, 20.09.2020 17:01 msladestiny16

A fire has destroyed a large percentage of the financial records of the Inferno Company. You have the task of piecing together information in order to release a financial report. You have found the return on equity to be 15.9 percent. Sales were $1,775,000, the total debt ratio was .31, and total debt was $656,000. What is the return on assets (ROA)? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

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