Question
Dunder-Mifflin has an accounts receivable balance of $50,000 and 40 days of sales in receivables. Their net income is $15,000, total asset turnover is 5
Dunder-Mifflin has an accounts receivable balance of $50,000 and 40 days of sales in receivables. Their net income is $15,000, total asset turnover is 5 times, and their debt is 40% of their total assets. What is their return on assets?
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The Oxford Handbook Of The Sociology Of Finance
Authors: Karin Knorr Cetina, Alex Preda
1st Edition
0198708777, 978-0198708773
