challenge mather
Mar 24, 2008, 03:56 AM
Company has assets of $5,000,000 and turns over its assets 1.2 times per year. Return on assets is 8 percent. What is the firm's profit margin (return on sales)?
challenge mather Mar 24, 2008, 03:56 AM Company has assets of $5,000,000 and turns over its assets 1.2 times per year. Return on assets is 8 percent. What is the firm's profit margin (return on sales)? Copyright ©2005-, Ask Me Help Desk
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