If a Firm Has an After-Tax Profit Margin of 8

question 50

Short Answer

If a firm has an after-tax profit margin of 8%, an asset turnover of 3 times, and no debt, what will be its return on assets and return on equity?

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Definitions:

Relapse

The recurrence of a disease or symptoms after a period of improvement.

Maintenance Stage

The phase in behavior change models where individuals work to sustain their newly adopted healthier behaviors over time.

Action Stage

A phase in the Transtheoretical Model of Behavior Change where individuals actively implement behavior changes towards a goal.

Health Action Process Approach Model

A psychological theory that describes the process of how individuals intend to achieve and maintain health-related behaviors.