Refer to Sexton Companys financial information in Exercises 13-6 and 13-8. Evaluate the companys efficiency and profitability
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Refer to Sexton Company’s financial information in Exercises 13-6 and 13-8. Evaluate the company’s efficiency and profitability by computing the following for 2006 and 2005: (1) profit margin ratio,
(2) total asset turnover, and (3) return on total assets. Comment on these ratio results.
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