The Wilson Corporation has the following relationships: Sales/Total assets ......... 2.0 Return on assets (ROA) ....... 4%
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Sales/Total assets ......... 2.0
Return on assets (ROA) ....... 4%
Return on equity (ROE) ....... 6%
What is Wilson’s profit margin and debt ratio?
a. 2% and 0.33
b. 4% and 0.33
c. 4% and 0.67
d. 2% and 0.67
e. 4% and 0.50
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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