FINANCIAL ACCT.FUND.(LOOSELEAF)
FINANCIAL ACCT.FUND.(LOOSELEAF)
7th Edition
ISBN: 9781260482867
Author: Wild
Publisher: MCG
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Chapter 13, Problem 13E

1.

To determine

Introduction: The return on total assets determines the earnings capacity of the business on the basis of average total assets employed in the business.

Profit margin is a ratio of net income to total net sales revenue which determines the earning capacity of the business by the generation of sales.

Return on total assets and profit margin of the business.

2.

To determine

Introduction: The return on total assets determines the earnings capacity of the business on the basis of average total assets employed in the business.

Profit margin is a ratio of net income to total net sales revenue which determines the earning capacity of the business by the generation of sales.

The company having better return on total assets and better profit margin.

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FINANCIAL ACCT.FUND.(LOOSELEAF)

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