Harmony Haven Gifts has sales of $810,200, total assets of $577,900, and a profit margin of 4.3 percent. What is the return on assets? O 6.03 percent O 4.30 percent O 6.54 percent O 3.83 percent O 7.01 percent

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Harmony Haven Gifts has sales of $810,200, total assets of $577,900, and a profit margin of 4.3 percent. What is the return on
assets?
6.03 percent
4.30 percent
O 6.54 percent
3.83 percent
7.01 percent
Transcribed Image Text:Harmony Haven Gifts has sales of $810,200, total assets of $577,900, and a profit margin of 4.3 percent. What is the return on assets? 6.03 percent 4.30 percent O 6.54 percent 3.83 percent 7.01 percent
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