Question 35 1 pts Tech Manufacturing Company realized P15,000,000 in sales, with a cost of goods sold of P6,000,000, gro
Posted: Mon Apr 25, 2022 7:29 am
- Question 35 1 Pts Tech Manufacturing Company Realized P15 000 000 In Sales With A Cost Of Goods Sold Of P6 000 000 Gro 1 (113.94 KiB) Viewed 19 times
Question 35 1 pts Tech Manufacturing Company realized P15,000,000 in sales, with a cost of goods sold of P6,000,000, gross profit margin of 45% of net sales, operating expenses of P4,500,000, tax rate of 35%, and average total assets of P6,500,000. What is Tech's Return on Assets (ROA)? 50% 45% 42.5% 0 47.75%