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Tanya [424]
3 years ago
9

Question in attachment​

Business
1 answer:
Molodets [167]3 years ago
4 0
B - he owns the business and is doing the physical work for it
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A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. Its profit margin and total as
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A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. The profit margin and total asset turnover ratio are 13.3% each. 1.5.

There are two methods that can be used to calculate return on assets. The first method is to divide the company's net income by its average total assets. The second method is to multiply the company's net profit margin by sales.

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