Problem:
Cross Hairs Gun Shop has sales of $189,000, a profit margin of 4.8 percent, and a capital intensity ratio of 0.79.
Required:
Question: What is the return on assets?
- 5.67 percent
- 6.08 percent
- 6.39 percent
- 6.42 percent
- 6.67 percent
Note: Please show guided help with steps and answer.