Last year Mocha Java, Incorporated had an ROA of 10 percent, a profit margin of 5 percent, and sales of $25 million. What is Mocha Java's total assets? Multiple Choice $0.125 million $1.25 million $12.5 million $12 million

Last year Mocha Java, Incorporated had an ROA of 10 percent, a profit margin of 5 percent, and sales of $25 million. What is Mocha Java's total assets? Multiple Choice $0.125 million $1.25 million $12.5 million $12 million

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter2: Financial Statements, Cash Flow,and Taxes

Section: Chapter Questions

Problem 9P: Carter Swimming Pools has $16 million in net operating profit after taxes (NOPAT) in the current...

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Question

Last year Mocha Java, Incorporated had an ROA of 10 percent, a profit margin of 5 percent, and sales of $25 million. What is Mocha Java's total assets?

Multiple Choice

$0.125 million
$1.25 million
$12.5 million
$12 million

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