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The first question: Assuming that the asset turnover rate for an industrial company was 2 times annually in 2021, and that the return on total
The first question: Assuming that the asset turnover rate for an industrial company was 2 times annually in 2021, and that the return on total assets is estimated at 8%, what is the net profitability in the company? And if you knew that in 2022 the asset turnover rate became 1.5 times, and the net profitability was 6%, then what is the rate of return on investment? And which of the two positions is more profitable?
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