Calculate the return on assets for the two companies given here: Alpha Beta Net sales Rs 25,375,000
Question:
Calculate the return on assets for the two companies given here:
Alpha Beta Net sales Rs 25,375,000 –
Total assets – Rs 4,250,000 Net profit on sales 5 percent 20 percent Turnover of assets 6X –
Gross margin (percent) 35 Rs 460,000 (25 percent)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: