Kizspy | Question: 2
(Choose 1 answer)
Juventus Corp. has total assets of $4,744,288, total debt of $2,912,000, and net sales of $7,212,465. Their net profit margin for the year is 18 percent. What is Juventus's return on assets (ROA)? Round intermediate calculations to nearest dollar and percentage answer to one decimal place.
Α. 15.6%
B. 25.6%
C. 27.4%
D. 34.3%
