If a company's rate of return on assets is 20 percent and the profit margin percentage is 5 percent, the company's total assets turnover must be?

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Question added by Rizwan Khalid , Chief Accountant , Promedic Saudi Arabia
Date Posted: 2015/07/29

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Tarek Mohammed Hamed

by Tarek Mohammed Hamed , Financial Manager , SABA Medical Company (Saba Polyclinics and Pharmacies)

Total assets turnover =4 times

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