18 Jan

Last year, Hassan’s Madhatter, Inc., had an ROA of 7.5 percent

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Question: Last year, Hassan’s Madhatter, Inc., had an ROA…

Last year, Hassan’s Madhatter, Inc., had an ROA of 7.5 percent, a profit margin of 12 percent, and sales of $25 million. Last year, how much did Hassan’s Madhatter, Inc. have in total assets?

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