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Author Question: Nadine Enterprises has total assets of $240,000, a debt-equity ratio of 0.60, and a return on assets ... (Read 239 times)

Aimless0988

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on: Mar 29, 2022

Question 1

McCourty Enterprises has a return on assets of 7%. If it has $2.5 million in total assets and a total asset turnover of 1.5, it follows that the firm must have a net profit margin of
◦ 10.5%.
◦ 6.3%.
◦ 5.4%.
◦ 4.67%.

Question 2

Nadine Enterprises has total assets of $240,000, a debt-equity ratio of 0.60, and a return on assets of 9%. What is the return on equity?
◦ 5.4%
◦ 5.6%
◦ 14.4%
◦ 15.0%
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Marked as best answer by Aimless0988 on Mar 29, 2022

msgero

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Reply #1 on: Mar 29, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Aimless0988

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review

scottmt

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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