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Return on Assets

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Company has annual sales of $5 million, maintains a net after tax profit margin of 5% and has a sales to assets ratio of 4. What is the return on assets?

If its debt/equity ratio is 0.5, what is the return on equity?

© BrainMass Inc. brainmass.com September 21, 2018, 9:21 pm ad1c9bdddf - https://brainmass.com/economics/finance/return-on-assets-85179

Solution Summary

Return on Assets is discovered.

$2.19