Question
Problem 4-25 Du Pont Analysis (LO4) Torrid Romance Publishers has total receivables of $2,940, which represents 20 days sales. Total assets are $76,650. The firms
Problem 4-25 Du Pont Analysis (LO4)
Torrid Romance Publishers has total receivables of $2,940, which represents 20 days sales. Total assets are $76,650. The firms operating profit margin is 4.9%. Find the firm's ROA and asset turnover ratio. (Use 365 days in a year. Do not round intermediate calculations. Round your final answers to 2 decimal places.)
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The New Finance Overreaction Complexity And Their Consequences
Authors: Robert A. Haugen
4th International Edition
0132775875, 9780132775878
