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Horizon Ltd reports operating profit after tax of $10,000 and net sales revenue of $100,000. The company's asset turnover ratio is $1.25. What is Horizon

Horizon Ltd reports operating profit after tax of $10,000 and net sales revenue of $100,000. The company's asset turnover ratio is $1.25. What is Horizon Ltd's Return on Assets ratio?

a. 12.5 %

b. 15.0 %

c. 10.0 %

d. 20.0 %

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