Assume the following data: EBIT = 400; Tax = 100; Sales = 3,000; Total assets = 1,500.Calculate the ROA (return on assets) .
A) 10 percent
B) 20 percent
C) 7.5 percent
D) 26.7 percent
Correct Answer:
Verified
Q2: Net working capital (NWC)is calculated as
A)total assets
Q7: Earnings before interest and taxes are calculated
Q17: Assume the following data: Current assets =
Q18: The difference between total assets of a
Q19: If the debt ratio is 0.5, what
Q22: Assume the following data: Sales = 3,200;
Q23: Assume the following data: Sales = 3,200;
Q24: Market value ratios indicate
A)whether the firm is
Q25: Assume the following data: Sales = 3,200;
Q26: Assume the following data: EBIT = 400;
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