Pete's Boats Has at the End of the Year Has

question 15

Multiple Choice

Pete's Boats has at the end of the year has a Net Income of £100,000, Total Assets of £50,000 and Sales of £75,000. What is the firms Profit margin and Return on Assets (ROA) ?

• A)1.3333 and 0.5.
• B)0.75 and 2.
• C)1.3333 and 2.
• D)0.6666 and 2.
• E)0.6666 and 0.5.

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Definitions:

Outcomes

The possible results or consequences of an experiment or situation.

Intervals

In mathematics and statistics, a range between two numbers or quantities, indicating their difference or the period between two points in time.

Real Numbers

The set of all rational and irrational numbers, including integers, fractions, and decimals, that represent a continuous line of values.

Conditional Probability

The odds of an event transpiring on the condition that a separate event precedes it.