If net profit margin is 2.0 percent, the rate of asset turnover ...

[bucstennis@aim.com]

If net profit margin is 2.0 percent, the rate of asset turnover is 6.0x, and the financial leverage is 2.1, what is the return on assets?
 a. 0.333 percent
  b. 8.0 percent
  c. 12.0 percent
  d. 25.2 percent
  e. 33.0 percent

Question 2

The key difference between a primary and a facilitating marketing institution relates to whether the member takes title of goods.
 
 Indicate whether the statement is true or false

[kjo;oj]

Answer to Question 1

C

Answer to Question 2

T