Determine a firm's total assets turnover, if its net profits margin is 8%, total assets are ₹8,00,000 and the return on investment is 14% -

CS Executive · Cost and Management Accounting · PYQS · December 2015
Determine a firm's total assets turnover, if its net profits margin is 8%, total assets are ₹8,00,000 and the return on investment is 14% -
(A) 2.05
(B) 4.00
(C) 1.75
(D) 2.00

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Financial Statement Analysis

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