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.
Correct Answer:
Verified
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Q15: Profit margin is the ratio of _
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Q18: The ratio of earnings to sales for
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