Net profit margin, If a firm has a total asset turnover of

Net profit margin

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Reference no: EM13825801

If a firm has a total asset turnover of 8 times and a return on total assets of 15%, its net profit margin must be

a. 1.95%

b. 2.25%

c. 2.05%

d. 1.875%

Reference no: EM13825801

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