Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. in 2021. noble tech inc. reported that the company

In 2021. Noble Tech Inc. reported that the company's Return on Assets (ROA) was 8\%,...

80.2K

Verified Solution

Question

Finance

image
In 2021. Noble Tech Inc. reported that the company's Return on Assets (ROA) was 8\%, and its net profit margin was 7\%. Calculate the company's total asset turnover (round your answer to two decimal places)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Connective tissue is the most diverse of all tissue types. Why do you think that is?...

Biology
Q

hi i need to do a C++ program. You are going to practice the use of...

Programming
Q

2 What are the possible phenotypes of the offspring of a pea plant with white...

Biology
Q

parallel plate capacitive sensor measures displacement In one test the ensor has a time constant...

Physics
Q

A cube is subjected to pressure of 5 x 105 Nm 2 Each side of...

Physics
Q

An ideal gas is contained in a 3 5 L container at a temperature of...

Physics
Q

Convert the units of measure as indicated. Round your answer to the nearest hundredth, if...

Basic Math
Q

A town has a population of 14000 and grows at 3.5% every year. What will...

Basic Math
Q

What is the domain of the following function 4 f x x 256 Choose the...

Algebra
Q

USE EXCEL TO SOLVE THIS The Rolling Creek Textile Mill makes denim. The monthly fixed...

Accounting
Q

Required: 1. How many direct labor hours are used to manufacture one unit of each...

Accounting
Q

Two mutually exclusive investment projects are being considered by a company. Data for base values...

Finance