1 zeta co had sales of 7442 million if zetas profit margin, Ask an Expert

Finance

1. Zeta Co. had sales of $7,442 million. If Zeta's profit margin was 4.3 percent and their return on assets was 3.7 percent, what were Zeta's total assets?

A. $5,841 million

B. $6,404 million

C. $7,895 million

D. $8,649 million

2. If a firm's return on asset is 12%, and the total debt to total assets is 50%, what is the firm's net income if the total debt is $40,000?

A. $9,000

B. $9,600

C. $10,200

D. $12,000

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92411214

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