Author Question: Today, some retailers are using the Internet to provide consumers with information aids about their ... (Read 107 times)

leo leo · **on:** Jun 29, 2018

Today, some retailers are using the Internet to provide consumers with information aids about their store.

Indicate whether the statement is true or false

Question 2

If a retailer has a net profit margin of 3 percent, asset turnover of 4.0x, and financial leverage of 2.0x, then its return on net worth is:
a. 6 percent.
b. 8 percent.
c. 12 percent.
d. 24 percent.
e. 48 percent.