7. Gwen's Pastry Shop has annual sales of $238,000, a profit margin of 6 %, and a...
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Question:
7. Gwen's Pastry Shop has annual sales of $238,000, a profit margin of 6 %, and a return on assets of 7.7 %. The firm has _____ in total assets.
A. $176,067
B. $185,455
C. $220,984
D. $224,528
E. $256,326
Related Book For
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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