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If sales are $211,000, the profit margin is 6.3 percent, and the capital intensity ratio is .94, what is the return on assets

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If sales are $211,000, the profit margin is 6.3 percent, and the capital intensity ratio is .94

the Return on assets = (.063 × $211,000)/(.94 × $211,000) = .0670

6.70 percent Return on Assets

What Is Return on Assets?

  • Return on assets is a profitability ratio that provides how much profit a company is able to generate from its assets.
  • Return on assets is shown as a percentage, and the higher the number, the more efficient a company's management is at managing its balance sheet to generate profits.

Return on assets is calculated by (Net Income​) divided by (Total assets)

ROA = (Net Income​) ÷ (Total assets)

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https://brainly.com/question/14969411

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If sales are $211,000, the profit margin is 6.3 per cent, and the capital intensity ratio is .94

The Return on assets = (.063 × $211,000)/(.94 × $211,000) = .0670

6.70 percent is the Return on Assets.

What Is Return on Assets?

  • Return on assets is a profitability ratio that provides how much profit a company is able to generate from its assets.
  • Return on assets is shown as a percentage, and the higher the number, the more efficient a company's management is at managing its balance sheet to generate profits.
  • Return on assets is calculated by (Net Income​) divided by (Total assets)
  • ROA = (Net Income​) ÷ (Total assets)

Learn more about Return on assets here:

brainly.com/question/14969411

#SPJ4