PJ's Ice Cream Parlour Has Asked You to Help Piece

question 80

Multiple Choice

PJ's Ice Cream Parlour has asked you to help piece together financial information on the firm for the most current year. Managers give you the following information: sales = $50 million, total debt = $20 million, debt ratio = 50 percent, and ROE = 12 percent. Using this information, what is PJ's ROA?

• A) 4 percent
• B) 6 percent
• C) 10 percent
• D) 12 percent

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Definitions:

Mode Accessibility

The ease with which individuals can reach or use different modes of transportation or services.

Lead Time

The period between the initiation and completion of a production process, or the time it takes for an order to be delivered after it has been placed.

Transit Times

The duration it takes for goods or people to move from one location to another, often a critical factor in logistics and transportation planning.

Supply Chain Management

The handling and oversight of a product's flow from raw material sourcing to production, storage, and delivery to customers.