Solved

Calculate the Return on Assets for Nestor Inc

Question 33

Multiple Choice

Calculate the return on assets for Nestor Inc. ,which generates a net profit of $45 million from its assets worth $780 million.

A) 57.1%
B) 45%
C) 28.5%
D) 17.5%
E) 5.7%

Related Questions

Q28: _ serves as the basis for the

Q29: A market-based business lays more emphasis on

Q30: Customer satisfaction is considered a forward-looking marketing

Q31: MVB Inc.obtains a return of 9.8% from

Q32: MINI-CASE<br>Zitko Inc.is a manufacturer of consumer goods

Q34: A company's operating income as a percentage

Q35: A business's return on assets is _.<br>A)net

Q36: Earnings per share is _.<br>A)invested capital divided

Q37: Calculate the net profit generated by Key

Q38: A company's price-earnings ratio (PE)is _.<br>A)stock price