If a company's operating profit margin is 4% and its total asset turnover is 1.5 times, its operating return on assets is: A. 2.7%. B. 6.0%. C. 7.3%.
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- Please need answer the accounting questionA return on assets of 5.15% means that a company is earning: O a. a $5.15 return on every $100 of assets minus liabilities. O b. a $5.15 return on every $100 of total assets. O c. a $5.15 return on every $100 of current assets. O d. a $5.15 return on every $100 invested in long-term assets.A return on assets of 5.15% means that a company is earning: a.a $5.15 return on every $100 invested in long-term assets. b.a $5.15 return on every $100 of total assets. c.a $5.15 return on every $100 of assets minus liabilities. d.a $5.15 return on every $100 of current assets.
- Damietta Furniture Corporation has a net profit margin of 15% and a total asset turnover of 1.7. What is Damietta Furniture's return on total assets (ROA)? Select one: O a. 11.1% O b. 12.3% c. 8.8% O d. 25.5%15. Firm A has a total asset turnover ratio of 4.4, a net profit margin of 0.11, and return on equity of 0.15. Its return on assets is a. 0.02 b. 0.07 c. 0.48 d. 0.66If Epic, Inc. has an ROE of 25%, an equity multiplier of 4, and a profit margin of 12%, what is the total asset turnover ratio? a. 0.0833 b. 0.192 c. 0.5208 d. 0.75
- Manufacturer A has a profit margin of 2.0%, an asset turnover of 1.7, and an equity multiplier of 4.9. Manufacturer B has a profit margin of 2.3%, an asset turnover of 1.1, and an equity multiplier of 4.7. How much asset turnover should manufacturer B have to match manufacturer A's ROE?Need help with this accounting questionXTY Company has total assets turnover ratio of 1.90 and a return on total assets of 7.20%. What is the firm’s net profit margin?