Corry Inc. has a ROA of 5%, sales of $150, and total assets of $200. What is its profit margin? a. 3.00% b. 4.50% c. 5.50% d. 6.25% e. 7.00%
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MCQ
![Corry Inc. has a ROA of 5%, sales of
$150, and total assets of $200. What
is its profit margin?
a. 3.00%
b. 4.50%
c. 5.50%
d. 6.25%
e. 7.00%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F12673f0e-654e-4078-9ec1-39d068ff4005%2Fca7de32f-fa30-4a6c-bf52-bfec1e65da3a%2F0kloz8_processed.jpeg&w=3840&q=75)
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- A firm has an ROA of 7.4%, sales of $80, and total assets of $100. What is its profit margin? O 3.75% O 4.25% O 6.25% O 7.50% O 9.25%DTO, Inc., has sales of $32 million, total assets of $25 million, and total debt of $7 million. a. If the profit margin is 6 percent, what is the net income? b. What is the ROA? c. What is the ROE?ans
- A company has a profit margin of 10% and reports net sales of $4,000,000 and average total assets of $5,000,000. Calculate the company’s return on assets. a. 12.5%.b. 8.0%.c. 4.5%.d. 5.0%.What is the profit margin? General accountingAssume that the net profit margin = 9%, assets are 95 cents for every dollar of sales, and equity is 86 percent of assets. According to the DuPont system of financial ratio analysis, the ROE would be approximately O A. 8% O B. 10% O c. 9% O D. 11%
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