If profit margin = 4.5% and total assets turnover = 1.8% then return on assets DuPont equation would be
A. 2.50%
B. 8.10%
C. 0.40%
D. 4.00%
Answer: Option B
Solution (By Examveda Team)
Return on assets = Total assets turnover × Profit margin= 1.8% × 4.5% = 8.10%
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