Question
RSP Ltd has a net profit margin of 12% and a total
asset turnover of 1.2 times and a financial leverage multiplier of 1.2 times. RSP Ltd’s return on equity is closest to:Solution
Return on equity = (net income/sales) (sales/assets) (assets/equity) [DuPont Formula] (0.12)(1.2)(1.2) = 17.28~17.3%
What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)...
What approximate value will come in place of the question mark (?) in the following question?(Note: You are not expected to calculate the exact value.)<...
45.45 × 11.67 + 14399.88 ÷ 8.01 + 124.79 = ?
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
(1488.06 × 4.99) - 5677.95 + 1038.06 - 658.97 + (272.95 × 3.05) = ? × (36.95 × 4.02)
What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)...
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
39.9% of 1720 + 80.2% of 630 = 89.9% of 1280 + ?
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