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    Financial Management Principles and Applications Study Set 2
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    Exam 4: Financial Analysis-Sizing up Firm Performance
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    Skrit Corporation Has a Net Profit Margin of 15% and a Total
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Skrit Corporation Has a Net Profit Margin of 15% and a Total

Question 40

Question 40

Multiple Choice

Skrit Corporation has a net profit margin of 15% and a total asset turnover of 1.7. What is Skrit's return on total assets?


A) 12.3%
B) 25.5%
C) 8.8%
D) 11.1%

Correct Answer:

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