Question
X company had a profit margin of 5 percent on sales of $6,500 during the last year.If its return on assets was 8 percent, what
X company had a profit margin of 5 percent on sales of $6,500 during the last year.If its return on assets was 8 percent, what was the value of total assets?
A.3,125.00
B.4,687.50
C.3,750.00
D.4,375.00
E.4,062.50
F.3,437.50
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Technical Analysis The Complete Resource For Financial Market Technicians
Authors: Charles Kirkpatrick, Julie Dahlquist
3rd Edition
0134137043, 978-0134137049
