Question
A firms Return on Assets is 10%, its Total Asset Turnover is 2, and its Debt Ratio is 0.75. This firms Profit Margin on Sales
A firms Return on Assets is 10%, its Total Asset Turnover is 2, and its Debt Ratio is 0.75. This firms Profit Margin on Sales is:
| a. | 20% | |
| b. | need to know what its Earnings After Tax are | |
| c. | 5% | |
| d. | need to know what its Revenues are |
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
