Suppose a company has a net profit margin of 5 percent on sales of $1,782,854. If the company has total liabilities of $588,683 and total
Suppose a company has a net profit margin of 5 percent on sales of $1,782,854. If the company has total liabilities of $588,683 and total equity of $1,105,689, what is the company's return on assets?
Report your percentage in decimal format rounded to four decimal places (e.g., 0.1234).
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Authors: George H. Pink
6th Edition
1567939651, 978-1567939651
