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Determine a firm's total asset turnover (TAT) if its net profit margin (NPM) is 5 percent, total assets are $8 million, and ROI is 8 percent.

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Question ajoutée par Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date de publication: 2015/03/26
Muhammad Ramzan Tufail  ACCA
par Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

1.6 is the Correct.

Explain on request...

Syed Zulfiqar Ali Bukhari
par Syed Zulfiqar Ali Bukhari , Audit Associate , Ahmad Mushir & Co (Chartered Accountant)

a)1.6

 

net profit is $640,000 i-e8% of total asset

sales fig is $12,800,000 (N.P margin is5% which is $640,000 so100% would be sale =640000/0.05)

 

TAT would be1.6 i-e $12,800,000 / $8000,000 

Bello Abubakar
par Bello Abubakar , Cinema 4D Render/Sketch UP, AutoCAD, ArchiCAD and Revit Specialist , Federal Housing Authority

Agree with professionals..................................

Nasir Hussain
par Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

Agreed to the experts.................................

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khaled elkholy
par khaled elkholy , HR MANAGER , misk for import & export

1. Is right answer!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Mir Mujtaba Ali
par Mir Mujtaba Ali , Internal Audit Manager , Confidential

total asset turnover (TAT) =1.6

Wasi Rahman Sheikh
par Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

ANSWER WILL BE1.6 <<<<<<<<<<<<<<<<<<<<<

Emad Mohammed said abdalla
par Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

>>>>>>>>>>>>   The answer will be1.60

 

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