If its return on start-of-year assets was 15 what was its


Last year Electric Autos had sales of $100 million and assets at the start of the year of $150 million. If its return on start-of-year assets was 15%, what was its operating profit margin? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: If its return on start-of-year assets was 15 what was its
Reference No:- TGS02669289

Expected delivery within 24 Hours