Spring Falls Gifts has sales of $680,300, total assets of $589,100, and a profit margin of 4.3 percent.What is the return on assets?
A)4.30 percent
B)6.54 percent
C)3.83 percent
D)7.01 percent
E)4.97 percent

Question

Quizplus · Accepted Answer

The Answer of Spring Falls Gifts has sales of $680,300, total assets of $589,100, and a profit margin of 4.3 percent.What is the return on assets?
A)4.30 percent
B)6.54 percent
C)3.83 percent
D)7.01 percent
E)4.97 percent

Spring Falls Gifts Has Sales of $680,300, Total Assets of $589,100