Question
Omega Company has a 9% return on average assets of $300,000 and a net profit ratio of 6%. Omega's sales are closest to? a.$3,750,000 b.$450,000
Omega Company has a 9% return on average assets of $300,000 and a net profit ratio of 6%. Omega's sales are closest to?
a.$3,750,000
b.$450,000
c.$300,000
d.$187,500
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Accounting for Governmental and Nonprofit Entities
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
18th edition
1260190080, 1260190083, 978-1259917059
