Question
Stevenson has operating income of $99,000, sales of $660,000, and $550,000 in invested assets. The company has established a minimum rate of return of 15%.
Stevenson has operating income of $99,000, sales of $660,000, and $550,000 in invested assets. The company has established a minimum rate of return of 15%. What is Stevensons profit margin?
| A. | 7.5% | |
| B. | none of these | |
| C. | 18% | |
| D. | 20% | |
| E. | 15% |
What is Stevensons investment turnover?
| A. | 1.2 | |
| B. | 1.0 | |
| C. | 1.3 | |
| D. | 1.1 | |
| E. | none of these |
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Environmental Health And Safety Audits A Compendium Of Thoughts And Trends
Authors: Lawrence B. Cahill
2nd Edition
1598889737, 978-1598889734
