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%.

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Definitions:

Attitudes

Persistent mental states or dispositions that express an individual's evaluation of a person, object, or idea, which can influence behavior.

Consciously Aware

The state of being fully alert and aware of one's thoughts, feelings, and surroundings.

Emotions

Refers to complex psychological states that involve a subjective experience, a physiological response, and a behavioral or expressive response.

Behavioral Intentions

An individual's stated plans or readiness to perform a particular behavior, often a predictor of actual behavior under certain conditions.