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The Analyst Turned on His Banker's Lamp, Adjusted His Eye

Question 13

Multiple Choice

The analyst turned on his banker's lamp, adjusted his eye shade, and slowly pulled a legal pad from his desk. His weathered hands punched the buttons on his desk calculator deliberately as he divided earnings by total assets in order to calculate:


A) return on assets.
B) cost of goods sold.
C) merchandise inventory.
D) profit margin.

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