menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Essentials of Corporate Finance Study Set 4
  4. Exam
    Exam 3: Working With Financial Statements
  5. Question
    If Sales Are $211,000, the Profit Margin Is 6
Solved

If Sales Are $211,000, the Profit Margin Is 6

Question 67

Question 67

Multiple Choice

If sales are $211,000, the profit margin is 6.3 percent, and the capital intensity ratio is .94, what is the return on assets?


A) 4.42 percent
B) 6.08 percent
C) 6.39 percent
D) 6.92 percent
E) 6.70 percent

Correct Answer:

verifed

Verified

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

Related Questions

Q62: Financial statement analysis:<br>A)is primarily used to identify

Q63: Gracie Human Resource Consulting has total revenue

Q64: Donegal's Industrial Products wishes to maintain a

Q65: DJ's has a total asset turnover rate

Q66: Galaxy Sales has sales of $938,300, cost

Q68: A common-size balance sheet helps financial managers

Q69: Bed Bug Inn has annual sales of

Q70: Maren's House of Pancakes has sales of

Q71: A firm has net income of $28,740,

Q72: Assume earnings before interest and taxes of

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