[Answered] If a retailer has a return on assets of 15 percent and a net profit margin of 3 percent, then its ...

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Author Question: If a retailer has a return on assets of 15 percent and a net profit margin of 3 percent, then its ... (Read 123 times)

mwit1967

Hero Member
Posts: 501

on: Jun 29, 2018

If a retailer has a return on assets of 15 percent and a net profit margin of 3 percent, then its rate of asset turnover is:
a. .20 times.
b. 5.0 times.
c. 15.0 times.
d. 30.0 times.
e. 60.0 times.

Question 2

Storing involves breaking down heterogeneous products into more homogenous groups.

Indicate whether the statement is true or false

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Joc

Sr. Member
Posts: 317

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

T

mwit1967

Member
Posts: 501

Reply 2 on: Jun 29, 2018

TYSM

FergA

Member
Posts: 352

Reply 3 on: Yesterday

Great answer, keep it coming

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Author Question: If a retailer has a return on assets of 15 percent and a net profit margin of 3 percent, then its ... (Read 123 times)

mwit1967

If a retailer has a return on assets of 15 percent and a net profit margin of 3 percent, then its ...

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Need homework help now?

Joc

If a retailer has a return on assets of 15 percent and a net profit margin of 3 percent, then its ...

mwit1967

FergA