Question
The Timber Ridge Company has the following relationships: Sales/Total assets = 3.03; ROA = 0.1060 What is Timber Ridges net profit margin? Round to 3
The Timber Ridge Company has the following relationships:
Sales/Total assets = 3.03; ROA = 0.1060
What is Timber Ridges net profit margin? Round to 3 decimal places.
The answer I got is .0350 but I'm not sure if I rounded up properly
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Economics For Financial Markets
Authors: Brian Kettell
1st Edition
0750653841, 978-0750653848
