Question
Watson Co. has total assets of $135 million and total debt of $35 million. The company has a total asset turnover of 1.75, and a
Watson Co. has total assets of $135 million and total debt of $35 million. The company has a total asset turnover of 1.75, and a net income of $64 million. Calculate the firm's net profit margin. (Enter percentages as decimals, e.g. 5% = 0.05 and round to 4 decimals)
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The Auditor Quo Vadis
Authors: Mervyn King, Linda De Beer
1st Edition
1138496774, 978-1138496774
