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The 2022 annual report of TatraTea Inc. contains the following information. Note the amount is in thousands of dollars. December 31, 2022 December 31, 2021
The 2022 annual report of TatraTea Inc. contains the following information. Note the amount is in thousands of dollars. December 31, 2022 December 31, 2021 Total assets $1,071,348 $787,167 Total liabilities 626,178 410,044 Consolidated sales 3,374,463 2,443,592 Net income 66,234 49,062 Required Calculate the following ratios for TatraTea in 2022. Asset turnover ratio Rate of return on assets Profit margin on sales
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