Dividing net profit by total assets shows a firm's:
A. current ratio.
B. debt ratio.
C. return on investment.
D. net profit margin.
Answer: C
You might also like to view...
The ________ section of the marketing plan comprises a detailed description of not only the good or service itself, but also any warranties or guarantees.
Fill in the blank(s) with the appropriate word(s).
The owner of the place where property was mislaid becomes the caretaker of the property.?
Indicate whether the statement is true or false
Northern Co. purchases an asset for $50,000. This asset qualifies as a five-year recovery asset under MACRS, with the fixed depreciation percentages as follows: year 1 = 20.00%; year 2 = 32.00%; year 3 = 19.20%; year 4 = 11.52%
Northern has a tax rate of 35%. If the asset is sold at the end of four years for $5,000, what is the after-tax cash flow from disposal? A) $3,535.36 B) $3,408.22 C) $2,592.00 D) $6274.00
Logan and Marlo are married and filing jointly. Their taxable income is $74,223. Use the Tax Table, Exhibit 18-3 from your text, to find their tax liability
A) $14,413 B) $10,269 C) $12,969 D) $10,256