Eagle Sport Supply's total assets are R3 400 000, its debt ratio is 13%, and its return

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Eagle Sport Supply's total assets are R3 400 000, its debt ratio is 13%, and its return on equity is 18%. We know that the company's total assets turnover is 0,25.

What are its (1) return on assets and (2) net profit margin?

Related Book For answer-question

Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Posted Date: Mar 11, 2023 03:49 AM

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Eagle Sport Supply's total assets are R3 400 000, its debt ratio is 13%, and its return

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Foundations of Financial Management

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