Multiple Choice
Larry's Gun Shop has sales of $189,000,a profit margin of 5.6 percent,and a capital intensity ratio of 0.79.What is the return on assets?
A) 4.42 percent
B) 6.08 percent
C) 6.39 percent
D) 6.92 percent
E) 7.09 percent
Correct Answer:
Verified
Correct Answer:
Verified
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