What is mom return on assets

Reference no: EM13268057

Mind-Over-Matter (MOM) Tutors has a total assets turnover equal to 3.0x, a net profit margin equal to 4 percent, and a return on equity (ROE) equal to 15 percent.

A. What is MOM's return on assets (ROA)?

b. What portion of MOM's total assets is financed with equity? MOM has no preferred stock.

Reference no: EM13268057

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