Question
Torrid Romance Publishers has total receivables of $3,080, which represents 20 days sales. Total assets are $80,300 the firm operating profit margin is 5.3%. Find
Torrid Romance Publishers has total receivables of $3,080, which represents 20 days sales. Total assets are $80,300 the firm operating profit margin is 5.3%. Find the firm ROA and asset turnover ratio. (Use 365 days in a year. Do not round intermediate calculations. Round your answers to 2 decimal places.)
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Handbook Of Recent Advances In Commodity And Financial Modeling
Authors: Giorgio Consigli, Silvana Stefani, Giovanni Zambruno
1st Edition
3319613189, 978-3319613185
