7. Measuring efficiency (S29.3) Magic Flutes has total receivables of $3,000, which represent 20 days sales. Total

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7. Measuring efficiency (S29.3) Magic Flutes has total receivables of $3,000, which represent 20 days’ sales. Total assets are $75,000. The firm’s operating profit margin is 5%. Find the firm’s sales-to-assets ratio and return on assets

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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Question Posted: Jul 31, 2024 09:01 AM

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7. Measuring efficiency (S29.3) Magic Flutes has total receivables of $3,000, which represent 20 days sales. Total

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Principles Of Corporate Finance

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