The net profit margin of Rose Ltd. is 8%, its total assets are ₹6,00,000 and the return on investment is 18%. Total assets turnover will be —

CS Executive · Cost and Management Accounting · PYQS · December 2016
The net profit margin of Rose Ltd. is 8%, its total assets are ₹6,00,000 and the return on investment is 18%. Total assets turnover will be —
(A) 2.05
(B) 3.15
(C) 2.25
(D) None of the above.

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Financial Management

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