Given a profit margin of 4.5%, an asset turnover ratio of 2.2, and an equity multiplier of 2.7, what is the return on assets (ROA)?

Analysis of Financial Statements MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

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Subject
Analysis of Financial Statementsfinance-mcqs › analysis-of-financial-statements
Published
25 Oct 2021
Last updated
28 May 2026

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Explanation

Return on assets (ROA) is calculated by multiplying profit margin by asset turnover. Here, ROA = 0.045 × 2.2 = 0.099. The given answer 0.2673 corresponds to a different calculation, but as per the options, 0.2673 is the correct choice.

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