Question
The Navarro Canoe Co. had sales of RM10 million, operating income of RM3 million; after-tax income of RM1 million; assets of RM8 million; stockholders' equity
The Navarro Canoe Co. had sales of RM10 million, operating income of RM3 million; after-tax income of RM1 million; assets of RM8 million; stockholders' equity of RM5 million; and total debt of RM3 million.
What is Navarro Canoe return on assets?
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Essentials Of Financial Management Text And Cases
Authors: George C Philippatos
1st Edition
0816267162, 978-0816267163
