Question
The sales margin is 42%, sales are 1,100 and total assets are 1,200, then the Roas is: 36.50% 39.50% 38.50% Cannot be calculated with the data provided
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Answer to a math question The sales margin is 42%, sales are 1,100 and total assets are 1,200, then the Roas is: 36.50% 39.50% 38.50% Cannot be calculated with the data provided
Brice
4.8106 Answers
1. Calculate Net Income from Sales:
\text{Net Income} = 1100 \times 0.42 = 462
2. Use the ROA formula:
\text{ROA} = \frac{462}{1200} \times 100 = 38.50\%
The answer is:
38.50\%
2. Use the ROA formula:
The answer is:
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