If a companys operating profit margin is 4% and its total asset turnover is 1.5 times, its

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If a company’s operating profit margin is 4% and its total asset turnover is 1.5 times, its operating return on assets is:

A. 2.7%.

B. 6.0%.

C. 7.3%.

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Corporate Finance A Practical Approach

ISBN: 9781118217290

2nd Edition

Authors: Michelle R Clayman, Martin S Fridson, George H Troughton, Matthew Scanlan

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Question Posted: Mar 30, 2024 01:02 AM

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If a companys operating profit margin is 4% and its total asset turnover is 1.5 times, its

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To calculate the operating return on assets ROA we can use t...View the full answer

Corporate Finance A Practical Approach

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