A Firm Has a Net Profit Margin of 4%, a Total

question 39

Multiple Choice

A firm has a net profit margin of 4%, a total asset turnover ratio of 5 and an equity multiplier of 1.2. Its return on equity is

• A)10.0%
• B)24.0%.
• C)16.7%.
• D)none of the above.

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Definitions:

Responsible Providers

Entities or individuals who offer services or products with a commitment to ethical practices, reliability, and accountability.

Parents

The caretakers and legal guardians of a child, responsible for their upbringing, support, and education.

Infants

Very young children, typically from birth to one year old, characterized by rapid physical and cognitive development.

Immigrants

Immigrants are people who have moved to a country other than their native one with the intention of settling there, often in search of better living conditions or job opportunities.