Following is financial information for three ventures: VENTURE XX VENTURE YY VENTURE ZZ
After-tax profit margins 5% 25% 15%
Asset turnover 2.0 times 3.0 times 1.0 times

a. Calculate the return on assets (ROA) for each firm.
b. Which venture is indicative of a strong entrepreneurial venture opportunity?
c. Which venture seems to be more of a commodity type business?

a. The ROA:

Venture XX = After tax profit margin * Asset turnover = 5% * 2 = 10%

Venture YY = 25% * 3 = 75%

Venture ZZ = 15% * 1 = 15%

B) The strong entrepreneurial venture opportunity is Venture YY being havibg higher ROA at 75%.

C) The Venture ZZ seems to be more of a commodity-type business because the return on sales and asset turnover is moderate one.

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.