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If a firm's net profit margin is 3.5% and its total asset turnover is 1.6 times, its return on assets is: 3.0% 4.8% 5.4% 6.0%
If a firm's net profit margin is 3.5% and its total asset turnover is 1.6 times, its return on assets is:
3.0%
4.8%
5.4%
6.0%
8.0%
None of the values in this list are correct.
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Financial Intelligence For HR Professionals
Authors: Karen Berman, Joe Knight, John Case
1st Edition
1422119130, 978-1422119136
