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BE10.11 (LO 4) In its recent annual report, Campbell Soup Company reports beginning-of-theyear total assets of $13,148 million, end-of-the-year total assets of $12,372 million, total

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BE10.11 (LO 4) In its recent annual report, Campbell Soup Company reports beginning-of-theyear total assets of $13,148 million, end-of-the-year total assets of $12,372 million, total sales of $8,691 million, and net income of $1,628 million. (a) Compute Campbell's asset turnover. (b) Compute Campbell's profit margin on sales. (c) Compute Campbell's return on assets using (1) asset turnover and profit margin and (2) net income. (Round to two decimal places.)

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