Solved

Juventus Corp Has Total Assets of $4,744,288, Total Debt of $2,912,000

Question 96

Multiple Choice

Juventus Corp has total assets of $4,744,288, total debt of $2,912,000, and net sales of $7,212,465. Their net profit margin for the year is 18 percent. What is Juventus's return on assets (ROA) ? Round intermediate calculations to nearest dollar and percentage answer to one decimal place.


A) 25.6%
B) 18%
C) 27.4%
D) None of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents