On april 6, apple entered into a signed contract with bean, by which apple was to sell bean an antique automobile, having a fair
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Answer:
Return on Investment
60,000/345,000 = .173913043
net profit margin:
60,000/786,000 = 0.076335877
return on assets
60,000/345,000 = .173913043
assets turnover
sales/assets = 2.27826087
Explanation:
income from operation 60,000
invested assets 345,000
sales 786,000
net profit margin:
60,000/786,000 = 0.076335877
return on assets
60,000/345,000 = .173913043
assets turnover
sales/assets = 2.27826087
.173913043 = 0.076335877 x 2.27826087 x 345,000/Equity
Equity = 345,000
Return on Investment
60,000/345,000 = .173913043