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A firm has an ROA of 8%, sales of $100, and Total Assets (TA) of $75. What is its profit margin? [ROA = NI/TA, Profit
- A firm has an ROA of 8%, sales of $100, and Total Assets (TA) of $75. What is its profit margin? [ROA = NI/TA, Profit margin = Sale/NI]
a. 1.3%
b. 4.3%
c. 6.0%
d. 10.7%
e. 16.7%
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Behavioral Finance And Investor Types
Authors: Michael M. Pompian
1st Edition
1118011503, 978-1118011508
