Last year Electric Autos had sales of $200 million and assets at the start of the year of $350 million. If its return on
Posted: Fri Jul 01, 2022 7:47 am
Last year Electric Autos had sales of $200 million and assets atthe start of the year of $350 million. If its return onstart-of-year assets was 20%, what was its operating profitmargin? (Do not round intermediate calculations. Enteryour answer as a percent rounded to 2 decimal places)