Homework Help is Here – Start Your Trial Now!
Business
Accounting
BU has annual sales of $687,400, total debt of $210,000, total equity of $465,000, and a Profit margin of 4.20 percent. What is the return on assets?

BU has annual sales of $687,400, total debt of $210,000, total equity of $465,000, and a Profit margin of 4.20 percent. What is the return on assets?

Financial Management: Theory & Practice
Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter7: Corporate Valuation And Stock Valuation
Section: Chapter Questions
Problem 1P: Ogier Incorporated currently has $800 million in sales, which are projected to grow by 10% in Year 1...
See similar textbooks
icon
Related questions
Question

Help me this question

BU has annual sales of $687,400, total debt of $210,000, total equity of $465,000, and a Profit margin of 4.20 percent. What is the return on assets?
Transcribed Image Text:BU has annual sales of $687,400, total debt of $210,000, total equity of $465,000, and a Profit margin of 4.20 percent. What is the return on assets?
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer