If a company’s operating profit margin is 4% and its total asset turnover is 1.5 times, its operating return on assets is
A. 2.7%.
B. 6.0%.
C. 7.3%.
Answer: B. 6.0%.
Business
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Many aspects of a management decision _____ expressed through mathematical symbols and formulas.
A. can be B. cannot be C. must be D. should be E. want to be
Business
If a buyer and seller decide to rescind a deal after the deed has been recorded, the buyer is to:
a. record a deed of reconveyance. b. return the deed to the seller in exchange for consideration. c. record a cancellation of the transaction. d. provide a new grant deed to the seller.
Business