Hint: Net income / Sales = net profit margin
the after-tax interest cost on total debt is irrelevant, it's already 'included' in net profit margin via the net income figure
Can you give us more info?
The Left Out Football Team has a net profit margin of 15% on sales of $20000000. The firm has total debt of $7500000, total assets of $22000000, and an after-tax interest cost on total debt of 6% percent (8% before tax).
What is the Left Out ROA?
