Answer:
d) 2%
Step-by-step explanation:
ROA = profit margin x assets turnover ratio
ROA = 4%
assets turnover ratio = sales / assets = 2
profit margin = ROA / assets turnover ratio = 4% / 2 = 2%
Profit margin refers to how much money does a company make from its revenue, i.e. how many cents does a company earn from every dollar of revenue. In this case, the company's net profit is 2¢/$