Question
Consider the following information for XYZ agribusiness farm: ROA=0.17, Beginning of the year total asset= $560,000 End of the year total asset= $600,000 Gross Revenue=
Consider the following information for XYZ agribusiness farm:
ROA=0.17,
Beginning of the year total asset= $560,000
End of the year total asset= $600,000
Gross Revenue= $475,000
Calculate the operating profit margin ratio based on the above information.
| 56% | ||
| 37% | ||
| 12% | ||
| 21% |
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Financial Economics
Authors: Zvi Bodie, Robert C Merton, David Cleeton
2nd Edition
0558785751, 9780558785758
