menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Corporate Finance
  4. Exam
    Exam 3: Working With Financial Statements
  5. Question
    Circle K Stores Has Net Income of $41,000,a Profit Margin
Solved

Circle K Stores Has Net Income of $41,000,a Profit Margin

Question 89

Question 89

Multiple Choice

Circle K Stores has net income of $41,000,a profit margin of 3.7 percent,and a return on assets of 9 percent.What is the capital intensity ratio?


A) 0.41
B) 0.86
C) 1.16
D) 1.34
E) 2.43

Correct Answer:

verifed

Verified

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

Related Questions

Q84: Mercier United has net income of $128,470.There

Q85: Martha's Sweet Shop reduced its fixed assets

Q86: Since there are no perfect or ideal

Q87: Which one of the following will increase

Q88: Larry's Gun Shop has sales of $189,000,a

Q90: Phil's Hardware sells its inventory in 75

Q91: New Steel Products has total assets of

Q92: For the most recent year,Wilson Enterprises had

Q94: Donegal's Industrial Products wishes to maintain a

Q103: The Donut Hut has sales of $68,000,

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