Question
1. Company A has assets in the amount of $362468 and net income of $62320. The company's return on assets is 17.19%. Explain meaning of
1. Company A has assets in the amount of $362468 and net income of $62320. The company's return on assets is 17.19%. Explain meaning of this ratio for company A.
2. Company B has sales of $46542 and an asset intensity ratio of 1.72. Explain the meaning of this ratio for company B.
3. The process of moving from entrepreneurial opportunities to new opportunities to new businesses, products, or services begins with ides, then moves to the preparation of a business plan, and finally ends with feasibility study. This is false. Make it a true statement.
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