Wyatt Oil Has a Net Profit Margin of 4

question 89

Multiple Choice

Wyatt Oil has a net profit margin of 4.0%,a total asset turnover of 2.2,total assets of $525 million,and a book value of equity of $220 million.Wyatt Oil's current return-on-equity (ROE) is closest to:

• A)8.8%.
• B)9.5%.
• C)21.0%.
• D)22.8%.

---

Definitions:

Health Benefits

Positive effects on physical and/or mental well-being obtained through particular lifestyle choices, medical treatments, or preventive measures.

Motives

The reasons or driving forces behind individuals' actions or behavior.

Motivational Principle

A fundamental truth about what motivates individuals to act in certain ways or pursue particular goals.

Performance

The execution of an action or task measured against preset known standards of accuracy, completeness, cost, and speed.