Markham Corporation had profit of $1,330,000, net sales of $22,000,000 and average total assets of $5,783,000. Its return on total assets was:
A) 6.0%.
B) 26.3%.
C) 16.5%.
D) 23.0%.
E) 38.0%.
Correct Answer:
Verified
Q130: Snow Sales Ltd's net sales were $856,600.
Q131: Blaise Corporation has profit of $187,000, net
Q132: Sonie had average accounts receivable of $87
Q133: Hornish Co. had net sales of $5,265
Q134: Fast-Tech Corp's common shares have a market
Q136: The book value of a firm's total
Q137: CompUS has pledged $275,000 worth of its
Q138: Jolly Co. had net sales of $111,500
Q139: Dairy King has total assets of $325
Q140: FastForward had $3,000 of profit for October.
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