Hello Sir, @ 11.20 in this video, formula for Return On Asset you stated as "Net Profit Margin" divided By "Total Asset Turnover", I think it should be "Net Profit Margin" Multiplied By "Total Asset Turnover". Please correct me if my understanding is wrong.
How should I revise before the Level I exam? IFT High Yield Course is the best way! Read more here:
ift.world/product/high-yield-course-2021/
Hello Sir, @ 11.20 in this video, formula for Return On Asset you stated as "Net Profit Margin" divided By "Total Asset Turnover", I think it should be "Net Profit Margin" Multiplied By "Total Asset Turnover". Please correct me if my understanding is wrong.
You are correct
👍👍🙏🙏