Last year Electric Autos had sales of $170 million and assets at the start of the...
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Last year Electric Autos had sales of $170 million and assets at the start of the year of $290 million. If its return on start-of-year assets was 20%, what was its operating profit margin? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places) > Answer is complete but not entirely correct. Operating profit margin 0.34 x Last year Electric Autos had sales of $170 million and assets at the start of the year of $290 million. If its return on start-of-year assets was 20%, what was its operating profit margin? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places) > Answer is complete but not entirely correct. Operating profit margin 0.34 x
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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