Multiple Choice
Juventus Corp has total assets of $4,744,288, total debt of $2,912,000, and net sales of $7,212,465. Their net profit margin for the year is 18 percent. What is Juventus's return on assets (ROA) ? Round intermediate calculations to nearest dollar and percentage answer to one decimal place.
A) 25.6%
B) 18%
C) 27.4%
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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