Circle K Stores has net income of $41,000,a profit margin of 3.7 percent,and a return on assets of 9 percent.What is the capital intensity ratio?
A)0.41
B)0.86
C)1.16
D)1.34
E)2.43

Name: Circle K Stores has net income of $41,000,a profit margin of 3.7 percent,and a return on assets of 9 percent.What is the capital intensity ratio? A)0.41 B)0.86 C)1.16 D)1.34 E)2.43
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Question

Quizplus · Accepted Answer

Capital intensity ratio = ($41,000/0.09)/($41,000/0.037) = 0.41

Circle K Stores Has Net Income of $41,000,a Profit Margin