Question
Asset turnover is 4.2 times, receivables turnover is 11.25 times, inventory turnover is 8 times, capital structure ratio multiplier is 2.0, ROA is 5.4%, ROCE
Asset turnover is 4.2 times, receivables turnover is 11.25 times, inventory turnover is 8 times, capital structure ratio multiplier is 2.0, ROA is 5.4%, ROCE is 24.4%. What is the company's profit margin for ROCE? Question options: a- 12.18% b- 8.4% c- 5.8% d- 2.9%
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Accounting An Essential Guide To Learning Accounting Quickly
Authors: Greg Shields
1st Edition
1978341873, 978-1978341876
