MCQs>Finance & Management>Financial Statements>If a company's rate of return on assets is 20 percent and the profit margin percentage is 5 percent, the company's total assets turnover must be which of the following?
Financial Statements MCQs
If a company's rate of return on assets is 20 percent and the profit margin percentage is 5 percent, the company's total assets turnover must be which of the following?
Answer
Correct Answer: 4
Explanation:
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