Question
You need the following information to answer the following 2 questions. Assume that Dell Corp has total liabilities of $9,000, and total assets of $13,000.
You need the following information to answer the following 2 questions.
Assume that Dell Corp has total liabilities of $9,000, and total assets of $13,000. It has sales of $5,000 and a profit margin of 11%,
18) What is ROA (return on assets)?
a. 4.23%
b. .423%
c. 38.46%
d. .3846%
e. .6923%
19) What is net income?
A. $100,000
B. $550
C. $4,000
D. $4,450
E. NONE OF THE ABOVE
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The Sterling Bonds And Fixed Income Handbook
Authors: Mark Glowrey
1st Edition
0857190423, 978-0857190420
