Monday 11 June 2012

Millers Metalworks, Inc. has a total asset turnover of 2.5 and a net profit margin of 3.5%.

Millers Metalworks, Inc. has a total asset turnover of 2.5 and a net profit margin of 3.5%. The total debt ratio for the firm is 50%. Calculate Millers’s return on equity.
a. 17.5%
b. 19.5%
c. 21.5%
d. 23.5%

No comments:

Post a Comment

Note: only a member of this blog may post a comment.