Question
A business has sales of $500,000 last year and a net profit of $80,000. Cost of goods sold is $400,000. Total assets were $350,000 at
A business has sales of $500,000 last year and a net profit of $80,000. Cost of goods sold is $400,000. Total assets were $350,000 at the end of the year.
1. Calculate the businesss net profit margin.
2. Calculate the businesss asset turnover.
3. Calculate the businesss return on total assets.
4. Calculate the businesss gross profit margin.
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Quantitative Financial Risk Management
Authors: Constantin Zopounidis, Emilios Galariotis
1st Edition
1118738187, 978-1118738184
