Golden Valley Electronics has the following financial information: Total Asset Turnover (TATO) of 2.2x Net Profit Margin (nPM) of 4% Debt Ratio (DR) of 30% What will be ROA and ROE? A) 6,8 B) 8,10 C) 8.8,12.6 D) 10,12

Fundamentals of Financial Management, Concise Edition (MindTap Course List)
9th Edition
ISBN:9781305635937
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter4: Analysis Of Financial Statements
Section: Chapter Questions
Problem 7DQ: From the Google Finance site, use the DuPont analysis to determine the total assets turnover ratio...
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Hi expert please give me answer general accounting question

Golden Valley Electronics has the following financial information:
Total Asset Turnover (TATO) of 2.2x Net Profit Margin (nPM) of 4% Debt Ratio (DR)
of 30%
What will be ROA and ROE?
A) 6,8
B) 8,10
C) 8.8,12.6
D) 10,12
Transcribed Image Text:Golden Valley Electronics has the following financial information: Total Asset Turnover (TATO) of 2.2x Net Profit Margin (nPM) of 4% Debt Ratio (DR) of 30% What will be ROA and ROE? A) 6,8 B) 8,10 C) 8.8,12.6 D) 10,12
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