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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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