Crowdly
Add to Chrome
King George Motors had a profit for the year of R428 571 and a sales amount of R...
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
King George Motors had a profit for the year of R428 571 and a sales amount of R10 000 000. The company had a return on equity (ROE) of 15% and an equity multiplier of 1,67. What is company’s total asset turnover ratio?
0%
100%
0%
0%