Question 29 (0.8 points) Saved Calculate the gross profit margin for a firm with sales of $55,000,000 and cost of goods
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Question 29 (0.8 points) Saved Calculate the gross profit margin for a firm with sales of $55,000,000 and cost of goods
Question 29 (0.8 points) Saved Calculate the gross profit margin for a firm with sales of $55,000,000 and cost of goods sold of $45,000,000 (Enter your answer as percentage rounded to two decimal points. For example, enter 1.53 instead of 0.0153.) Your Answer: 18.18 Answer Question 30 (0.8 points) Saved If a company's profit margin is 6% and its total asset turnover ratio is 2.2, what is its return on assets (ROA)? Enter your answers as a percentage rounded to 2 decimal places. For example, enter 8.43 %) instead of 0.0843. Your Answer: 13.20 Answer