Calculate the return on assets for the two companies given here: Alpha Beta Net sales Rs 25,375,000

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Calculate the return on assets for the two companies given here:

Alpha Beta Net sales Rs 25,375,000 –

Total assets – Rs 4,250,000 Net profit on sales 5 percent 20 percent Turnover of assets 6X –

Gross margin (percent) 35 Rs 460,000 (25 percent)

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