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The asset turnover ratio is calculated as revenue divided by total assets. Using the formula for ROE, we can solve for the asset turnover ratio: ROE = Profit margin x Asset turnover ratio x Leverage 20% = 15% x Asset turnover ratio x (Total assets / Shareholder equity) Asset turnover ratio = 20% / (15% x (Total assets / Shareholder equity)) Asset turnover ratio = 20% / (15% x 2) Asset turnover ratio = 0.67
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Change the following sentence to Direct Speech.
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Choose the option that is the indirect form of the sentence.
“Have you got a blue scarf”? the customer asked the assistant.
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Select the correct Direct / Indirect form of the given sentence.
Radha told me, "please send my mobile".
Select the option which correctly converts the given sentence into direct speech.
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Select the option which correctly converts the given sentence into indirect speech.
The old man said, "Farewell my friends. May you live in peace...
The lady said to the plumber, “Why didn’t you come last week? The RO machine has been making some noise for the last ten days.”