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Question 12 (3 points) If a firm's net profit margin is 5% and its total asset turnover is 1.2 times, its return on assets is:

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Question 12 (3 points) If a firm's net profit margin is 5% and its total asset turnover is 1.2 times, its return on assets is: 3.0% 4.8% 5.4% 6.0% 8.0%

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