The Timber Ridge Company has the following relationships: Sales/Total assets = 3.12; ROA 0.0900 What is Timber Ridge's net profit margin?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 32MCQ
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Net profit margin?

The Timber Ridge Company has the following relationships:
Sales/Total assets = 3.12;
ROA
0.0900
What is Timber Ridge's net profit margin?
Transcribed Image Text:The Timber Ridge Company has the following relationships: Sales/Total assets = 3.12; ROA 0.0900 What is Timber Ridge's net profit margin?
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