Business, 29.08.2020 18:01, gracemartin4535

Torrid Romance Publishers has total receivables of $2,800, which represents 20 days’ sales. Total assets are $73,000. The firm’s operating profit margin is 5.9%. Find the firm's ROA and asset turnover ratio. (Use 365 days in a year. Do not round intermediate calculations. Round your final answers to 2 decimal places.)

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Torrid Romance Publishers has total receivables of $2,800, which represents 20 days’ sales. Total as...