A Company Has Annual Sales of $160 Million, a Net

question 72

Multiple Choice

A company has annual sales of $160 million, a net profit margin of 4%, and total assets of $90 million.It carries $10 million in accounts receivable, $25 million in inventory, has $55 million in total debt, and 5 million shares of common stock outstanding.Based on this information, the company's return on equity (ROE) is

• A) 4.4%.
• B) 7.1%.
• C) 11.5%.
• D) 18.3%.

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Lower Class

A social group characterized by low socioeconomic status and limited access to economic resources and opportunities.

GPA Over 3.0

Refers to a grade point average above 3.0 on a 4.0 scale, indicating above-average academic achievement.

Multiple Vehicle

Pertains to scenarios or systems involving more than one vehicle, often used in logistics, traffic management, and fleet operations.

Single Vehicle

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