Posted by
**Todd** on
.

A company has total assets of $8,500,000 and its total turnover of 2.35 times. If the return on assets is 9 percent, what is its profit margin? Please help with a formula?

Saturday

March 25, 2017
Posted by
**Todd** on
.

A company has total assets of $8,500,000 and its total turnover of 2.35 times. If the return on assets is 9 percent, what is its profit margin? Please help with a formula?

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