Question
if the Sales for the year = $831,066, Profit margin =18%, and average Assets during the year = $647,770. what will be the Return on
if the Sales for the year = $831,066, Profit margin =18%, and average Assets during the year = $647,770.
what will be the Return on Assets (ROA) for the year is:
Select one:
A. 17.1%
B. 23.1%
C. 64.0%
D. There is not enough information to calculate ROA.
E. None of the above
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Ethical Obligations And Decision Making
Authors: Steven Mintz
1st Edition
0078025281, 9780078025280
