In 2014 Electric Autos had sales of $100 million and assets at the start of the year of $150 million. If its return on start-of-year assets was 15% what was its operating profit margin?
FIN 3300- In 2014 Electric Autos had sales of $100 million
In 2014 Electric Autos had sales of $100 million and assets at the start of the year of $150 million. If its return on start-of-year assets was 15% what was its operating profit margin?