Polly Esther Dress Shops Inc. can open a new store that will do an annual sales volume
Question:
Polly Esther Dress Shops Inc. can open a new store that will do an annual sales volume of $865,800. It will turn over its assets 1.8 times per year. The profit margin on sales will be 9 percent. What would net income and return on assets (investment) be for the year?
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Rishabh Ojha
During my undergraduate i used to participate as TA (Teaching Assistant) in several electronics and computers subject. I'm passionate about learning Computer Science as my bachelors are in Electronics but i learnt most of the Computer Science subjects on my own which Machine Learning also. At Present, i'm a working professional pursuing my career as a Machine Learning Engineer and i want to help others learn during my free hours, that's all the motivation behind giving tuition. To be frank i have no prior experience of tutoring but i have solved problems on opensource platforms like StackOverflow and github. ~Thanks
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Related Book For 
Foundations Of Financial Management
ISBN: 9781264097623
18th Edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
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