Question

Dorr Corp. had an ROA of 8%. Dorr's net profit margin was 4% on sales of $250. What were total assets?

          Dorr Corp. had an ROA of 8%. Dorr's net profit margin was 4% on sales of $250. What were total assets?
        

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Horngren’s Cost Accounting
Horngren’s Cost Accounting
Srikant M. Datar, Madhav V. Rajan 16th Edition
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Dorr Corp. had an ROA of 8%. Dorr's net profit margin was 4% on sales of $250. What were total assets?
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00:01 According to the given question we are 40 % so we need to continue here 8000 multiplied by 40 divided by 100 now we need to continue here this is rupees 320 triple zero now we need to continue here what…
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