Question
At the end of a fiscal year, a company had $8,000,000 in revenues, $6,000,000 in operating expenses and $500,000 in non-operating revenue. Its total assets
"At the end of a fiscal year, a company had $8,000,000 in revenues, $6,000,000 in operating expenses and $500,000 in non-operating revenue. Its total assets at the end of the year was $15,000,000. What is its Basic Earning Power ratio?"
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Financial Management For Decision Makers
Authors: Peter Atrill
7th Edition
129201606X, 978-1292016061
