If Sunrise Electronics has an operating profit margin of 5% and a total asset turnover of 2 times, what is its operating return on assets (ROA)? A) 10% B) 5% C) 7%
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What is it's operating return on assets for this financial accounting question?
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- A 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.DuPont Analysis If Epic, Inc. has an ROE = 18%, equity multiplier = 4.7, a profit margin of 11.3%, what is the total asset turnover ratio? (Round your answer to 4 decimal places.)If 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