McCourty Enterprises has a return on assets of 7%. If it has $2.5 million in total assets and a total asset turnover of 1.5, it follows that the firm must have a net profit margin of O 10.5%. O 5.4%. O 4.67%. 6.3%.

McCourty Enterprises has a return on assets of 7%. If it has $2.5 million in total assets and a total asset turnover of 1.5 , it follows that the firm must have a net profit margin of 10.5% 5.4% 4.67% 6.3%