Question
X Co. has the following information: Sale $ 1,200,000 Cost of sales $800,000 Operating expenses $200,000 interest expense $ 20,000 Tax $ 10,000 current liabilities
X Co. has the following information:
Sale $ 1,200,000
Cost of sales $800,000
Operating expenses $200,000
interest expense $ 20,000
Tax $ 10,000
current liabilities $120,000
Non-current liabilities $200,000
share capital $ 500,000
Retained earnings $ 300,000
the returns on assets ratio is
a. 21.25%
b. 1.2 x
c. 15.17%
d. 17%
X Co. has the following information:
Sale $ 1,200,000
Cost of sales $800,000
Operating expenses $200,000
current liabilities $120,000
Non-current liabilities $200,000
share capital $ 500,000
Retained earnings $ 300,000
the operating margin ratio is
a. 20%
b. 3 x
c. 17%
d. 34%
Please please, I don't have enough time, help me
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Government Auditing Standards
Authors: U.S. Government Accountability Office
1st Edition
B0C9S8NVST, 979-8851147746
