Posted by **Todd** on Monday, March 18, 2013 at 2:16pm.

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?

## Answer This Question

## Related Questions

- Acc - The comparative statements of Dillon Company are presented below. Analysis...
- Finance - A firm has return on equity of 15 percent, earnings before taxes of $...
- Finance - Item Total assets $10,000,000 Total equity (all common) 9,000,000 ...
- Finance - Item Total assets $10,000,000 Total equity (all common) 9,000,000 ...
- Math - Financial Analysis - How do I determine the profit margin (return of ...
- Finance - One of Wildcat's competitors has a total assets turnover equal to 2.0...
- Finance - Trying to figure out how to do problems like these. So confused! 1. ...
- Managerial Accounting - The company reported a 6% operating margin on sales, a ...
- Personal Fiance - Can someone check this and see if I am doing it right or not. ...
- Math - You have the following data for the Fosberg Winery. What is Fosberg's ...

More Related Questions