Question
Luna 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 Luna
Luna 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 Luna Ltd's Return on Assets ratio?
a.
12.5 %
b.
15.0 %
c.
20.0 %
d.
10.0 %
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Planning And Budgeting For The Agile Enterprise A Driver-based Budgeting Toolkit
Authors: Barrett, Richard
1st Edition
0750683279, 9780750683272
