The Blackstone Group has annual sales of $6,800, total debt of $2,000, total equity of $3,500, and a profit margin of 7 percent. What is the return on assets? a. 9.50 percent b. 10.25 percent c. 8.65 percent d. 7.25 percent e. 11.10 percent
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- The Blue Jay Corporation has annual sales of $5,200, total debt of $1,500, total equity of $2,800, and a profit margin of 8 percent. What is the return on assets? a. 8.50 percent b. 10.55 percent c. 9.67 percent d. 7.89 percent e. 12.22 percent.Answer this questionThe Blue Jay Corporation has annual salesThe Bluebird Company has annual sales of $6,800, total debt of $2,200, total equity of $3,400, and a profit margin of 7.5 percent. What is the return on assets? a. 7.25 percent b. 8.96 percent c. 10.18 percent d. 9.11 percent e. 11.45 percent