Question
Q 4 : Smith Company reports the following information (in thousand) during a recent year: sales, $ 30,000 ; net income is 24 % of
Q4: Smith Company reports the following information (in thousand) during a recent year: sales, $30,000; net income is 24% of the total sales, and the total assets are 42% of the net income ; Calculate: (6 Marks)
(1) Return on assets.
(2) Asset turnover.
(3) Profit margin.
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Valuation Measuring and managing the values of companies
Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel
5th edition
978-0470424650, 9780470889930, 470424656, 470889934, 978-047042470
