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A companys profit margin this past year was 25%. It has no debt. In order for ROA to equal 16% its Turnover Ratio must have
A companys profit margin this past year was 25%. It has no debt. In order for ROA to equal 16% its Turnover Ratio must have been (not in %):
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0.04
0.25
0.4
0.64
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker
3rd Edition
076377894X, 978-0763778941
