Multiple Choice
The operating profit after tax of Calculus Ltd is $10 million and sales are $100 million. Asset turnover is 1.25 times p.a. What is Calculus Ltd's ROA?
A) 10 per cent
B) 12.5 per cent
C) 20 per cent
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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