XYZ Ltd. has earned 8% Return on Assets of $. 50,00,000 and has a Net Profit Ratio of 5%. Find out the Sales of the firm.

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter2: Analysis Of Financial Statements
Section: Chapter Questions
Problem 11PROB
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XYZ Ltd. has earned 8% Return on Assets of $.
50,00,000 and has a Net Profit Ratio of 5%.
Find out the Sales of the firm.
Transcribed Image Text:XYZ Ltd. has earned 8% Return on Assets of $. 50,00,000 and has a Net Profit Ratio of 5%. Find out the Sales of the firm.
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