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Billy's BBQ reported sales of $871,500 and net income of $43,000. Blly's also reported ending total assets of $506,000 and beginning total assets of $399,000.
Billy's BBQ reported sales of $871,500 and net income of $43,000. Blly's also reported ending total assets of $506,000 and beginning total assets of $399,000. Required: Calculate the return on assets, the profit margin, and the asset turnover ratio for Billys BBO
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