menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamentals Of Corporate Finance Study Set 21
  4. Exam
    Exam 3: Working With Financial Statements
  5. Question
    Gwen's Pastry Shop Has Annual Sales of $238,000, a Profit
Solved

Gwen's Pastry Shop Has Annual Sales of $238,000, a Profit

Question 35

Question 35

Multiple Choice

Gwen's Pastry Shop has annual sales of $238,000, a profit margin of 6 %, and a return on assets of 7.7 %. The firm has _____ in total assets.


A) $176,067
B) $185,455
C) $220,984
D) $224,528
E) $256,326

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q20: Frederico's has a profit margin of 6%,a

Q30: According to the statement of cash flows,

Q31: Calculate net income given the following information:

Q31: From a cash flow position,which one of

Q32: The financial ratio measured as the price

Q34: Common size statements can only be completed

Q36: The financial ratio measured as net income

Q37: Calculate the times interest earned ratio given

Q38: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7297/.jpg" alt=" What

Q39: Which of the following statements is true?<br>A)

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines