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Author Question: If net profit margin is 2.0 percent, the rate of asset turnover is 6.0x, and the financial leverage ... (Read 140 times)

bucstennis@aim.com

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on: Jun 29, 2018
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

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  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

T


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