Select Co. had the following 2005 financial statement relationships: Asset turnover 5 Profit margin on sales 0.02 What was Select's 2005 percentage return on assets? a. 0.1% b. 0.4% c. 2.5% d. 10.0%
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What was select's 2005 percentage return on assets?
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- Please need answer the general accounting questionAmir Company’s net income and net sales are $18,000 and $1,100,000, respectively,and average total assets are $100,000. What is Amir’s return on assets?a. 20.0%b. 18.0%c. 3.7%d. 7.0%What are the annual sales for adorn with $0.5 M in liabilities a total debt ratio of 0.5 and an asset turnover of 4.0 assume assets remain unchanged?
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