Industrial corporation has a net income-to-sales profit


Question: Industrial Corporation has a net income-to-sales (profit margin) ratio of .03, a sales-to-assets (asset utilization) ratio of 1.5, and a debt-to-asset ratio of .66. What is Industrial's return on equity?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Industrial corporation has a net income-to-sales profit
Reference No:- TGS02429082

Now Priced at $15 (50% Discount)

Recommended (90%)

Rated (4.3/5)