Golden Ridge Enterprises has annual sales of $6,500, total debt of $1,800, total equity of $3,000, and a profit margin of 8 percent. What is the return on assets?
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- TR's has annual sales of $612,200, total debt of $153,000, total equity of $354,000, and a profit margin of 6.78 percent. What is the return on assets?TR's has annual sales of $612,200, total debt of $153,000, total equity of $354,000, and a profit margin of 6.78 percent. What is the return on assets? Expert need your helpProvide Answer
- The Blue Jay Corporation has annual sales of $5,200, total debt of $1,500, total equity of $2,800, and a profit margin of 8 percent. What is the return on assets? a. 8.50 percent b. 10.55 percent c. 9.67 percent d. 7.89 percent e. 12.22 percent.Answer this questionDTO, 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?What is the return on assets?