Question
Cat has the following meaningful data taken from its records and most recent financial statements: Debt ratio 75% Current ratio 2x Plowback ratio 20% Assets
Cat has the following meaningful data taken from its records and most recent financial statements:
| Debt ratio | 75% |
| Current ratio | 2x |
| Plowback ratio | 20% |
| Assets turnover | 4x |
| Receivable turnover | 4x |
| Times interest earned | 3.6x |
| Return on equity | 40% |
| Cash conversion cycle | 250 days |
| Economic Order Quantity | 72,000 units |
| Cost of Equity | 12.5% |
What is cats profit margin?
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Financial Accounting For Executives And MBAs
Authors: Paul Simko, James Wallace, Joseph Comprix
5th Edition
1618533665, 9781618533661
