FinMan 5e Chapter 1 SM - test bank U
Thus, Polaris’s total expenses are computed as: $2,656,949 - Expenses = $227,575. Total expenses must equal $2,429,374. (all $ in 000s) 4. Polaris’s return on assets of 19.9% is good given that it slightly exceeds its competitors’ return on assets of approximately 18% for this period. 5. ................
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