A Firm Has ROE of 15% and a Net Profit

question 78

Multiple Choice

A firm has ROE of 15% and a net profit margin of 4.5%.If the firm has 6.5 dollars in assets per dollar of equity,what is the firm's asset turnover ratio?

• A)0.5
• B)2
• C)1
• D)1.5
• E)2.5

Understand the concept of biases in epidemiological studies and their impact on results.

Comprehend the principles and objectives of screening programs, including the interpretation of diagnostic test results.

Distinguish between the phases of disease progression and the role of screening in disease detection.

Understand the importance of preventive measures in healthcare, including primary, secondary, and tertiary prevention strategies.

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Definitions:

Distribution

The process of making a product or service available for the consumer or business user that needs it, which can involve transportation, packaging, and delivery.

Production

The process of creating, developing, manufacturing, or bringing forth goods and services, typically involving both human labor and tools or machinery.

Collective Ownership

A principle or practice where the assets or property are owned jointly by all members of a group or community, emphasizing shared rights and responsibilities.

Means of Production

The tools, machinery, facilities, and resources used to produce goods and services, often discussed in the context of economic systems and ownership.