A retailer's net profit margin times its asset turnover equals its _____.
A)return on assets
B)strategic profit model
C)return on net worth
D)financial leverage

Name: A retailer's net profit margin times its asset turnover equals its _____. A)return on assets B)strategic profit model C)return on net worth D)financial leverage
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Question

Quizplus · Accepted Answer

The formula mentioned in the question is the strategic profit model, which is used to calculate a retailer's return on assets. Therefore, the answer is (A) return on assets.

A Retailer's Net Profit Margin Times Its Asset Turnover Equals