Novio the cat incorporated reported sales of 11948700000 in, Financial Management

+44 141 628 6080
[email protected]

Novio the cat incorporated reported sales of 11948700000 in

Novio the Cat Incorporated reported sales of $119,487,000.00 in 2012. The firm had a net profit margin of 3.00% on these sales. The firm also reports $96,000,000 in assets for the year, with shareholder equity measure at $23,223,000.00. What is the return on equity (ROE) for Novio in 2012?

Answer Format: Percentage Round to: 2 decimal places

Request for Solution File

Ask an Expert for Answer!!

Financial Management: Novio the cat incorporated reported sales of 11948700000 in

Reference No:- TGS02675909

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

What are the bodies first and second line of defence

What are the bodies first and second line of defence? How was there a break in John's first and second line of defense?

Identify which defense mechanisms are at risk

Patient Profile: Maria, a 68-year-old woman, is admitted for hypertension and Type 2 Diabetes. She lives alone and has been unable to attend

Requirement that could affect your healthcare organization

Requirements: Analyze at least one federal, one state, and one third-party payer reporting requirement that could affect your healthcare organization

Reviewing adverse events on a hospital unit

A nurse manager on a hospital unit is reviewing adverse events over the last 6 months and notes an increase in client falls and medication errors.

Conduct self-reflection on your performance in the field

Conduct self-reflection on your performance in the field (specifically on your abilities as a professional worker). List your Strengths and Weaknesses

Why patient with dementia is no longer able to make decision

A patient with dementia is no longer able to make decisions for herself. Who is the first person in line to make decisions for the patient?

How healthcare professionals responsible for utilization

Utilization directors and managers, nurses, and other healthcare professionals are responsible for the utilization function.

Request for Solution File

Ask an Expert for Answer!!

Financial Management: Novio the cat incorporated reported sales of 11948700000 in

Reference No:- TGS02675909

Have a Question? (oR Write a Review)

Recent Questions Asked Financial Management

Q : Some european nations are moving toward the elimination of

Q : Inventory is found by dividing sales by inventory turnover

Q : Describe the nature of their supply demand 2 advantages and

Q : Do their experiences lend support to the infant industry

Q : Novio the cat incorporated reported sales of 11948700000 in

Q : Briefly explain how the current cdc guidelines may be

Q : Discuss the strategic value of personnel training and

Q : A compose formula that his djts demand for money as a

Q : Explain why a perfectly competitive firm can sell as much