MK100
03.06.2020 •
Mathematics
Billy's Crystal Stores Inc. has assets of $5,960,000 and turns over its assets 1.9 times per year. Return on assets is 8%. What is the firm’s profit margin (return on sales)?
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Ответ:
4.8
Explanation: divide total needed of blue paint (3) by 1/2 to find the ratio, which is 6. then multiply that by 4/5 to get the total of yellow paint, which is 4.8