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Commerce · Q430

Miscellaneous in Commerce

Graduate and Post Graduate · Commerce · question 430

Q430

If net profit margin is 10%, total assets turnover 2 times, and the total debts to total assets ratio 0.6 the return on equity will be:

A.
5%
B.
10%
C.
20%
Answer
D.
25%

Answer: Option C

Solution

Answer: Option C
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