The Zone, Inc. has an ROE of 0.10, no debt, and a Total Asset Turnover of 2.8x. What is the Zone's Net Profit Margin?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The Zone, Inc. has an ROE of 0.10, no debt, and a Total Asset Turnover of 2.8x. What
is the Zone's Net Profit Margin?
(Answer should be entered to four decimal places; i.e. 0.1350.)
Transcribed Image Text:The Zone, Inc. has an ROE of 0.10, no debt, and a Total Asset Turnover of 2.8x. What is the Zone's Net Profit Margin? (Answer should be entered to four decimal places; i.e. 0.1350.)
Ralph's Donut's Inc. has an Inventory Turnover ratio of 69.50x. What is Ralph's Days'
Sales in Inventory?
(Answer should be entered to two decimal places; i.e. 0.13.)
Transcribed Image Text:Ralph's Donut's Inc. has an Inventory Turnover ratio of 69.50x. What is Ralph's Days' Sales in Inventory? (Answer should be entered to two decimal places; i.e. 0.13.)
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