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billafin billafin
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2 years ago
A company has sales of $640,000, net profit after taxes of $23,000, and a total asset turnover of 2.5. What is the return on assets?

▸ 3.6%

▸ 4.5%

▸ 8.1%

▸ 9.0%
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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angelord2510angelord2510
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#1
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2 years ago
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billafin Author
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2 years ago
Thank you, thank you, thank you!
ethom947
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Yesterday
Good timing, thanks!
nadiia
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2 hours ago
Thanks for your help!!
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