Question
sales of $2,010,000. Division B is able to make only $28,000 on sales of $329,000. a. Compute the profit margins (return on sales) for each
- sales of $2,010,000. Division B is able to make only $28,000 on sales of $329,000.
a. Compute the profit margins (return on sales) for each division. (2 marks) b. Based on the profit margins (returns on sales), compare Division A to Division B and indicate which division is superior? (3 marks)
- ABC Travel Company has AED 500,000 in assets and AED 300,000 of debt. It reports net income of AED 100,000. What is its Return on Equity? (2marks)
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Multifractal Financial Markets An Alternative Approach To Asset And Risk Management
Authors: Yasmine Hayek Kobeissi
1st Edition
1461444896, 978-1461444893
