Question
1- Apple had sales of $500,000, net profit margin of 4%, a total assets turnover of 1.5, and equity of $150,000. What was the Company
1- Apple had sales of $500,000, net profit margin of 4%, a total assets turnover of 1.5, and equity of $150,000. What was the Company ROE?
2- Apple had sales of $150,000, a total assets of $560,000, sales of $880,000, and net profit margin of 6%. What was the Company return on equity?
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The Handbook Of Municipal Bonds
Authors: Frank J. Fabozzi, Sylvan G. Feldstein
1st Edition
0470108754, 9780470108758
