The profit margin = 4.5%, assets turnover = 2.2 times, equity multiplier = 2.7 t

Question

The profit margin = 4.5%, assets turnover = 2.2 times, equity multiplier = 2.7 times then return on assets will be

Options:

A . 0.2673

B . 26.73 times

C . 0.094

D . 0.4 times

Answer: Option A
Answer: (a).0.2673

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