What was alpha profit margin
Alpha Industries had an asset turnover of 1.4 times per year. If the return on total assets (investment) was 8.4 percent, what was Alpha profit margin?
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You expect to deposit $55000 today, and then in 2 years to deposit an additional $24000 into a savings account. How much will be in the account 5 years from today if the interest rate today is 5%?
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Explain why the return-on-assets ratio is so much more favorable than the return-on-sales ratio compared to the industry. Nu numbers are necessary; a one-sentence answer is all that is required.
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