Assume the following data: EBIT = 400; Tax = 100; Sales = 3,000; Total assets = 1,500. Calculate the ROA (return on assets) .
A) 10.0 percent
B) 20.0 percent
C) 7.5 percent
D) 26.7 percent
Correct Answer:
Verified
Q24: Which measure would be most useful in
Q25: On the balance sheet, assets are listed
Q26: Financial ratios can help you to ask
Q27: When a firm improves (lowers)its average collection
Q28: Assume the following data: Sales = 3,200;
Q30: An advantage of EVA, as compared to
Q31: Assume the following data: EBIT = 400;
Q32: Net working capital equals total assets minus
Q33: Assume the following data: Sales = 3,200;
Q34: Which of the following factors would be
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents