A firm has an ROI of 15%, turnover of 3, and sales of $6 million. The firm's margin is:
A) $900,00.
B) 5%.
C) 30%.
D) $300,000.
Correct Answer:
Verified
Q4: Return on equity:
A)will be the same as
Q7: Another term for return on equity is:
A)return
Q7: An advantage of the DuPont model for
Q8: Presented below are the comparative balance sheets
Q9: The return on investment measure of performance:
A)is
Q9: A firm's net income is $315,000 on
Q10: The return on investment measure of performance:
A)is
Q19: Another term for return on investment is:
A)Return
Q21: Which of the following is not usually
Q24: A current ratio of 6.0 is usually
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