Financial Management: Theory & Practice
Financial Management: Theory & Practice
16th Edition
ISBN: 9781337909730
Author: Brigham
Publisher: Cengage
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What is the return on assets? General accounting

BU has annual sales of $687,400, total debt of
$210,000, total equity of $465,000, and a Profit
margin of 4.20 percent. What is the return on
assets?
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Transcribed Image Text:BU has annual sales of $687,400, total debt of $210,000, total equity of $465,000, and a Profit margin of 4.20 percent. What is the return on assets?
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Financial Management: Theory & Practice
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ISBN:9781337909730
Author:Brigham
Publisher:Cengage