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Pete's Boats Has at the End of the Year Has

Question 15

Multiple Choice

Pete's Boats has at the end of the year has a Net Income of £100,000, Total Assets of £50,000 and Sales of £75,000. What is the firms Profit margin and Return on Assets (ROA) ?


A) 1.3333 and 0.5.
B) 0.75 and 2.
C) 1.3333 and 2.
D) 0.6666 and 2.
E) 0.6666 and 0.5.

Correct Answer:

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