Rotablade's net income was $600,000 on sales of $24 million for the year.Average assets for the year were $8 million.For the year:
A) margin was 4%, turnover was 3.0, and ROI was 12%.
B) margin was 2.5%, turnover was 2.0, and ROI was 5%.
C) margin was 4%, turnover was 2.0, and ROI was 8%.
D) margin was 2.5%, turnover was 3.0, and ROI was 7.5%
Correct Answer:
Verified
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Q4: Return on equity:
A)will be the same as
Q5: An advantage of the DuPont model for
Q6: Mechforce Manufacturing's net income was $420,000 on
Q7: Another term for return on equity is:
A)return
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Q9: The return on investment measure of performance:
A)is
Q10: The return on investment measure of performance:
A)is
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