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:

Financial Ratio

A numerical comparison derived from a company's financial statements that investors use to analyze a company's performance.

Shareholders

Individuals, companies, or institutions that own at least one share of a company's stock, and as a result, potentially benefit from its success in the form of dividends and/or capital gains.

Premise Control

The monitoring and management of the physical space or environment in which a business operates to ensure safety and efficiency.

Marketing Plan

A comprehensive document or blueprint that outlines a company’s advertising and marketing efforts for the coming period, detailing strategies for reaching target markets.