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Memphic Memphic
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6 years ago
Wyatt Oil has a net profit margin of 4.0%, a total asset turnover of 2.2, total assets of $525 million, and a book value of equity of $220 million.  Wyatt Oil's current return-on-assets (ROA) is closest to:
A) 8.8%
B) 9.5%
C) 21.0%
D) 22.8%
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
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EgorGruzdevEgorGruzdev
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6 years ago
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6 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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Correct Slight Smile TY
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