The Rangoon Timber Company has the following ratios: Sales/Total assets = 2.23; ROA = 9.69%; ROE =
Question:
The Rangoon Timber Company has the following ratios:
Sales/Total assets = 2.23; ROA = 9.69%; ROE = 16.4%
What are Rangoon’s profit margin and debt ratio?
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Total assets turnover 223 ROA 969 ROE 164 ROA Profit margi...View the full answer
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Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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