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If profit margin = 4 5 and total assets turnover =...

This question belongs to Commerce Financial Management
Financial Management
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If profit margin = 4.5% and total assets turnover = 1.8% then return on assets DuPont equation would be

Answer & Solution
Correct Answer: Option B
Return on assets = Total assets turnover × Profit margin
= 1.8% × 4.5% = 8.10%
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