Profitability ratio: Juventus Corp has total assets of $4,744,288, total debt of $2,912,000, and net sales of $7,212,465. Their profit margin for the year is 18 percent. What is Juventus's ROA?
A) 25.6%
B) 18%
C) 27.4%
D) None of the above

Question

Quizplus · Accepted Answer

The Answer of Profitability ratio: Juventus Corp has total assets of $4,744,288, total debt of $2,912,000, and net sales of $7,212,465. Their profit margin for the year is 18 percent. What is Juventus's ROA?
A) 25.6%
B) 18%
C) 27.4%
D) None of the above

Profitability Ratio: Juventus Corp Has Total Assets of $4,744,288, Total