The FGH Company Has an Asset Turnover of 3

question 41

Multiple Choice

The FGH Company has an asset turnover of 3.0 times,using assets of $45,000.The company also has a return on investment (ROI) of 20%.What was the company's operating profit margin?

• A)5.0%.
• B)6.0%.
• C)6.7%.
• D)8.3%.

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Definitions:

Alfred Adler

An Austrian medical doctor and psychotherapist known for founding the school of Individual Psychology, emphasizing the importance of feelings of inferiority.

Goals and Assumptions

The objectives or targets one aims to achieve and the underlying beliefs or principles assumed to be true in the pursuit of those goals.

Psychotherapy

A form of treatment for mental and emotional disorders, utilizing psychological techniques designed to encourage communication of conflicts and insight into problems.

Alfred Adler

An Austrian medical doctor and psychotherapist who founded the school of individual psychology and introduced concepts such as the inferiority complex.