Given the following ratios for the Badgers Company, if you spent $100 on a Badgers product, how much net profit would Badgers approximately make?
Market-to-Book 2.79
Total Asset Turnover 1.83
Return on Assets 8.27%
a. $1.83
b. $8.27
c. $4.52
d. $22.13
e. $15.13