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    A Company Had a Profit Margin of 10
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A Company Had a Profit Margin of 10

Question 78

Question 78

Multiple Choice

A company had a profit margin of 10.5% and total asset turnover of 1.84. Its return on total assets was:


A) 13.61%
B) 19.32%
C) 8.66%
D) 12.34%
E) 5.71%

Correct Answer:

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