Profit margin (return on sales), accounting, Basic Statistics

Hugh Snore Bedding, Inc. has assets of $400,000 and turns over its assets 1.5 times per year. Return on assets is 12%. What is its profit margin (return on sales)?
Posted Date: 2/5/2012 2:41:34 PM | Location : United States







Related Discussions:- Profit margin (return on sales), accounting, Assignment Help, Ask Question on Profit margin (return on sales), accounting, Get Answer, Expert's Help, Profit margin (return on sales), accounting Discussions

Write discussion on Profit margin (return on sales), accounting
Your posts are moderated
Related Questions
Clearance pattern The proportion of the entire amount disbursed that is debited alongside the state''s bank account every day after the disbursements,

All parts should be answered as briefly as possible (quality not quantity!). A few sentences will suffice. Just get your opinions across succinctly. Unnecessarily long answers will

The average cost per night of a hotel room in New York City is $273 (SmartMoney, March 2009). Assume this estimate is based on a sample of 45 hotels and that the sample standard

A car moves with constant velocity along a straight road. Its position is x1 = 0m at t1 = 0 seconds and is x2 = 56 m at t2 = 5.0 s. what is the cars position at t=2.5 seconds and

highlight four characteristics and four functions of statistics

TIME SERIES ANALYSIS: 1) Discuss the various models of Time series. 2) What are the various methods of trend analysis? What are their implications in the business world?

The Stalk Market, an independent grocery chain, has been serving and supporting local communities for over 90 years. Its stores offer friendly service and a wide assortment of natu

I have to set up a chart for a perpetual system. How Do I do this with credit card sales?

order tomatoes in crates of 25 kg and he is able to stock a maximum of four crates or 100 kg of tomatoes. His experience taught him that the daily demand ranges from 0 to100 kg of

Absorption distributions Probability distributions which represent the number of 'individuals' (such as particles) which fail to cross the speci?ed area containing the hazards o