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Brad's BBQ reported sales of $705,000 and net income of $25,000. Brad's also reported ending total assets of $494,000 and beginning total assets of S387,000.
Brad's BBQ reported sales of $705,000 and net income of $25,000. Brad's also reported ending total assets of $494,000 and beginning total assets of S387,000. Required: Calculate the return on assets, the profit margin, and the asset turnover ratio for Brad's BBQ Return on Assets Choose Numerator Choose Denominator Return on Assets -Return on assets Profit Margin Choose NumeratorChoose DenominatorProfit Margin - Profit margin Asset Turnover Choose Numerator | | Choose Denominator AssetTrnover Asset turnover times
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